Qujiang Cultural Tourism: Some shares held by the controlling shareholder will be re-auctioned.

Qujiang Cultural Tourism announced that 1 million unrestricted tradable shares previously judicially auctioned by its controlling shareholder, Tourism Investment Group, were not sold because the buyer failed to pay the balance on time. The Shanghai Pudong New Area People's Court will publicly auction 8 million unrestricted tradable shares of the company held by Tourism Investment Group on the Taobao judicial auction platform from October 24 to October 25, 2026. These shares are currently frozen. This matter will not affect the company's production and operations, nor will it cause a change in the controlling shareholder or actual controller.