Hualian Holdings: To invest 50 million yuan in Chengdu Ideal Realm Technology Co., Ltd. for capital increase and equity participation.

Hualian Holdings Announcement, the company and its affiliated entity Hengyu Capital are planning to each invest 50 million RMB in Ideal World through capital increase, holding 2.7778% equity in Ideal World respectively. Among them, 44,900 RMB is for subscribing to new registered capital, and the remaining 4,995,100 RMB will be included in capital reserves. This transaction constitutes a joint investment by affiliated parties and does not constitute a major asset restructuring. After the completion of the transaction, the company will hold 2.7778% equity in Ideal World. The source of funds for this investment is the company's own funds, which will not have a significant impact on the company's financial and operational situation.