Zhongnan Culture: Major asset restructuring is in progress, and the auditing and assessment work has not been completed.

Zhongnan Culture announced that the company plans to issue shares and pay cash to Jiangyin Electric Power Investment Co., Ltd. to acquire its 57.30% stake in Jiangyin Sulong Thermal Power Co., Ltd. and to raise supporting funds, which is expected to constitute a significant asset reorganization and related transaction. The company's stock will be suspended from trading starting from February 13 and will resume trading on March 9. As of the announcement date, the relevant work involving auditing, evaluation, and other matters related to the transaction has not yet been completed. This transaction still needs to go through necessary procedures, and there is uncertainty regarding its implementation.