Qujiang Cultural Tourism: The auction of 9 million shares held by the controlling shareholder has been completed.

Qujiang Cultural Tourism announced that the controlling shareholder's total of 9 million shares in the company has been won by Duyi Investment Group, accounting for 3.53% of the company's total equity. The subsequent stages of this auction will involve the payment of the auction balance and the transfer of equity, with the final result subject to the auction ruling issued by the relevant court. After the completion of this equity transfer, the changes in shares will occur solely between entities controlled by the same actual controller, and there will be no change in the company's controlling shareholder or actual controller. Duyi Investment Group is not allowed to reduce its holdings of the shares acquired within six months after the transfer.