Tianyima: Disclose progress of major asset restructuring

On July 23, Tianyima disclosed a notice regarding the progress of a major asset restructuring. The company plans to purchase 100% equity of Star Nebula by issuing shares and paying cash, and raise supporting funds. Currently, the related proposals still require approval from shareholders' meeting and other necessary processes. The audit, evaluation work has not been completed, and there are uncertainties and risks. After the completion of the audit, evaluation, and due diligence, the company will convene another board meeting to review the relevant proposals for the transaction, and strictly fulfill the obligations of information disclosure in accordance with relevant laws and regulations.