Arts Group: Consistent action by shareholders holding more than 5% of the shares plans to transfer 10 million shares for debt repayment.

The announcement from Wenke Corporation stated that, due to not meeting the performance commitments from 2022 to 2024, on January 19, 2026, the controlling shareholder Wenke Holdings and the controlling shareholder Foshan Jianfa, who collectively hold more than 5% of the shares, signed a "Pledge Securities Disposal Agreement" to transfer 10 million pledged shares to Foshan Jianfa at a non-trading price of 4.64 yuan per share to fulfill part of the performance compensation obligations. After the transfer, Wenke Holdings' shareholding decreased to 1.50%, and their collective shareholding with the concerted action parties decreased to 14.75%; Foshan Jianfa's shareholding increased to 37.72% and remains the controlling shareholder. This transfer does not affect control rights, Foshan Jianfa is not allowed to reduce the transferred shares within six months, and there are uncertainties in the transfer process.