Qujiang Cultural Tourism: 6.4 million shares of the controlling shareholder have completed the transfer of title via judicial auction.

Qujiang Cultural Tourism announced that 8 million shares held by its controlling shareholder, Xi'an Qujiang Tourism Investment Co., Ltd., were subject to judicial auction, of which 6.4 million shares have completed transfer, accounting for 2.51% of the company's total share capital. After this change in equity, the combined shareholding ratio of the controlling shareholder and its concert parties decreased from 28.90% to 26.39%, crossing the 1% threshold; among them, the controlling shareholder's shareholding ratio is 22.33%, and concert party Qujiang Financial Holdings' shareholding ratio is 4.06%. This change in equity will not result in a change of the company's controlling shareholder or actual controller. The transferee in this judicial auction may not reduce its holdings of the acquired shares within 6 months after the transfer.