Central South Culture: Planning for major asset restructuring, stock continues to be suspended.

The announcement from China Southern Culture stated that the company is planning to acquire the controlling rights of Su Long Thermal Power through the issuance of shares and payment of cash, as well as raising supplementary funds. This is expected to constitute a major asset restructuring and related party transaction, but not a restructuring for listing. The company's stock has been suspended from trading since February 13, 2026, and the original plan was to disclose the proposal and apply for resumption of trading by March 9. As of the date of the announcement, the transaction plan is still under negotiation, and due to uncertainties in the matter, the stock will remain suspended. The company will continue to progress with the work and disclose any developments in a timely manner.