Huitongda Network: The acquisition of 25% equity of the target company has been approved by the court.

Huitongda Network Announcement, the company, as a restructuring investor, has entered into a restructuring investment agreement with the target company and the temporary manager for the acquisition of 25% of the target company's equity, which has been approved and become effective by the court. The target company has entered the stage of implementing the restructuring plan, and the company will actively promote the various follow-up work stipulated in the restructuring investment agreement and the restructuring plan.