Wentou Holdings: 2.031 million shares of debt repayment stocks receiving rights will be judicially auctioned.

Announcement of Wen Investment Holdings: The receiving rights of 2.0351 million shares in the special account for the disposal of bankrupt company's assets, representing 6.50% ownership of the company, will be auctioned off by the judiciary. The subject of this judicial auction is the receiving rights of Beijing Wen Investment Art Co., Ltd. for 2.0351 million shares of debt-paying stocks in the company's restructuring case, accounting for 0.77% of the company's total shares held in the special account for the disposal of bankrupt company's assets, and 0.05% of the total shares of the company. If the judicial auction is completed, the receiving rights for the aforementioned 2.0351 million shares will be transferred to the buyer.