Wen Investment Holdings: apply to change the preservation subject, 2 billion deposit certificates for frozen account funds.

Wen Group announced that due to contract disputes between Sobao Company and Wenyun Huaxia Company, Wento Interactive Entertainment Company, and Wen Group, some of the company's bank accounts were frozen. Recently, the company applied to the court to replace the frozen funds in the Beijing Bank Xidan Branch and China Merchants Bank Beijing Lize Business District Branch with a 200 million yuan large deposit certificate, and to lift the property preservation measures on the above accounts. Currently, the 200 million yuan large deposit certificate has been frozen, the above accounts have been released from preservation, but the company has not yet received official legal documents. This change is beneficial for the revitalization of funds and will not have a negative impact on the company's production and operation.