Tianyima: Plans to acquire Xingyun Kaiwu, major asset restructuring is still in progress.

Guangdong Tianyima Information Industry Co., Ltd. announced progress in a major asset restructuring. The company plans to purchase 100% equity of Guangdong Xingyun Kaiwu Technology Co., Ltd. through the issuance of shares and payment of cash, as well as raise supporting funds. This transaction constitutes a major asset restructuring and related party transaction, but does not constitute a backdoor listing. The transaction price has not been determined yet.