Golden Flower Holdings: has received full payment of the transfer of 100% equity of Golden Flower International Grand Hotel, including the interest.

Golden Blossom Group Announcement: The company has received the remaining transfer payment of 149 million yuan and interest of 6.5231 million yuan generated from the delayed payment from Western Investment Group Limited, totaling 155 million yuan. With this, the company has received a total of 351 million yuan from Western Group for the transfer of 100% equity of Golden International Hotel and the interest. The transaction has been completed. In the future, the company will proceed with the relevant mortgage and pledge release procedures according to the agreement.