ST Guohua: Controlling shareholder China Cultural Industry Development Group plans to increase its stake by no more than 3.86%

ST GuoHua Announcement: The controlling shareholder, China Cultural Industry Development Group Co., Ltd., currently holds 115 million shares, accounting for 26.13% of the total shares. They plan to increase their holdings of the company's A shares through centralized bidding on the Shanghai Stock Exchange during the delisting period, by no less than 2% and no more than 3.86% of the total share capital. The maximum price for the increase is set at 4.6 yuan per share. The implementation period is from the resumption of trading of the company's stock to the end of the delisting period, during which time and within the statutory period there will be no reduction in holdings.