Lion Head Holdings: Shanghai Stock Exchange to review the company's merger and reorganization on July 24th.

Lionhead Corporation announced that the company plans to issue shares and pay cash to purchase 97.4399% of the shares of Hangzhou Lipper Technology Co., Ltd. held by 14 trading parties including Wang Xulong and Deng Haoyu, and to issue shares to raise funds to Chongqing Yiyuan and Yicheng Enterprise Management Company. The Shanghai Stock Exchange M&A Review Committee is scheduled to hold a meeting on July 24, 2026 to review the application for this transaction. This transaction is subject to approval by the Shanghai Stock Exchange and registration by the China Securities Regulatory Commission. The approval and timeline are uncertain.