Yin Sai Group: Termination of Major Asset Restructuring Transaction

According to the Yinsai Group announcement, the company held the fourth meeting of the seventh board of directors on October 31, 2025, to review and approve the proposal to terminate the issuance of shares, payment of cash to purchase assets and raise matching funds, and withdraw the application documents, deciding to terminate the major asset restructuring. The company originally intended to purchase 80% of the equity of Zhi Zhe Tongxing Brand Management Consulting Co., Ltd. and raise matching funds. Considering the current external environment changes, after friendly negotiations among the parties involved in the transaction and full communication with intermediaries, it was decided to terminate the transaction and withdraw the application documents.