One Network One Creation: Termination of Share Issuance and Cash Payment for 100% Equity of Beijing Lianshi Legend

Yiwang Yichuang Announcement: The company previously planned to acquire 100% equity of Beijing Lianshi Chuanqi Network Technology Co., Ltd. from Yang Guanghong and other trading partners through a combination of issuing shares and cash payment, and intended to raise supporting funds. After multiple rounds of communication and negotiation, the parties involved failed to reach a consensus on the core terms of this transaction. The company held the 17th meeting of the fourth board of directors on August 5, 2026, where the decision to terminate this transaction was approved, and it committed not to plan any significant asset restructuring matters within one month from the date of the announcement. The termination of this transaction will not have a significant adverse impact on the company's existing daily operations and financial condition.