Long Yun Co., Ltd.: Intends to purchase 58% equity of Yuheng Film Industry through the issuance of shares. The stock will resume trading on February 9, 2026.

Longyun Co., Ltd. Announcement: The company plans to acquire 58% equity of Xinjiang Yuheng film industry group Co., Ltd. held by Shanghai Bingchang Enterprise Management Center and Duan Zekun through issuance of shares. As of the date of signing the pre-disclosure abstract, the audit and assessment work of the target company has not been completed, and the overall valuation range of the target company is expected to be between 450 million and 530 million yuan. The final transaction price will be negotiated based on the valuation confirmed by the evaluation agency's assessment report. After the transaction is completed, Yuheng film industry will become a wholly-owned subsidiary of Longyun Co., Ltd., which will help the company extend its main business to the "full chain of content production" and add a core sector of film and television content production and operation. This transaction is subject to relevant decision-making and approval procedures. The stock will resume trading on February 9, 2026.