Caesar Travel Group: The judicial auction of subsidiary equity has failed to sell, and it has not had a significant adverse impact on operations.

Caesar Travel Industry announced that from 10:00 on August 3 to 10:00 on August 4, the Hainan First Intermediate People's Court will publicly auction on the Taobao Judicial Auction Network Platform the 71,999,000 shares and corresponding income held by its subsidiary, Hainan Caesar Sijia Beverage Co., Ltd., in Hainan Airlines Travel Beverage Co., Ltd. Recent inquiries have found that this auction has failed to attract any bids. Currently, this development has not had a significant adverse impact on the company's operations, and the company will continue to monitor and promptly disclose any developments.