Chuangyuan shares: Intends to acquire 90% equity of Cool Cool held by Ningbo Cool Cool Play.

Chuangyuan Holdings announcement, the company intends to establish Zhejiang Chuangku Future Culture and Creative Limited Company with Ningbo Kule Chaowan and its controlling person Wu Shengfeng, incorporating the complete operating assets and corresponding operating teams of more than 30 mature and profitable stores within the Ningbo Kule Chaowan system. The target company's audited simulated consolidated net profit for the year 2025 is no less than 10 million yuan, and the evaluation value as of December 31, 2025 shall be no less than 8 times the simulated consolidated net profit. Subject to the target company meeting the conditions agreed upon in the Letter of Intent, Chuangyuan Holdings intends to purchase 90% of the equity of Chuangku Future held by Ningbo Kule Chaowan at a price based on a market capitalization of 8 times the simulated consolidated net profit for the year 2025.