Xinhua Wenxuan: wholly-owned subsidiary subscribes to private equity fund units, extends maturity and adjusts fees.

Xinhua Bookstore announced that its wholly-owned subsidiary Wenxuan Investment subscribed 200 million yuan to purchase shares of the Wenxuan Dingsheng Fund in Ningbo Meishan Bonded Port Area in 2019, accounting for 66.4452% of the total subscribed capital. On March 25, 2026, the company signed an agreement with various parties to adjust the fund's maturity date from December 31, 2025 to December 31, 2026, and to reduce the management fee rate from 1.5% to 0.75% during the extended term. This matter has been approved by the partners' meeting and still requires registration for changes with the association. The company will continue to monitor progress and disclose information in a timely manner.