Qujiang Culture Tourism: The holding shareholder's 4.7% stake in the company is planned to be auctioned.

On the evening of May 11th, Qujiang Tourism announced that the company's controlling shareholder, Xi'an Qujiang Tourism Investment Co., Ltd., received a notice from the Intermediate People's Court of Shaoxing City, Zhejiang Province on May 8th, stating that 12 million shares of Qujiang Tourism held by the company will be auctioned, accounting for 10.48% of its shareholding and 4.7% of the total share capital of the company. Currently, this portion of the shares is in a frozen state. The auction of these shares will not affect the company's production and operation, nor will it lead to changes in the company's controlling shareholder or the actual controller.