Dalian Shengya announced that its wholly-owned subsidiary Shengya Cultural Tourism Industry Group Co., Ltd. plans to reduce its registered capital by RMB 32.3749 million. After the capital reduction was completed, the registered capital of Shengya Cultural Tourism was reduced from RMB 100 million to RMB 676.251,000, and the company still holds 100% of Shengya Cultural Tourism's shares. This capital reduction is within the authority of the board of directors, and there is no need to submit it to the shareholders' meeting for consideration. This capital reduction does not involve related transactions, nor does it constitute a major asset restructuring.

Dalian Shengya announced that its wholly-owned subsidiary Shengya Cultural Tourism Industry Group Co., Ltd. plans to reduce its registered capital by RMB 32.3749 million. After the capital reduction was completed, the registered capital of Shengya Cultural Tourism was reduced from RMB 100 million to RMB 676.251,000, and the company still holds 100% of Shengya Cultural Tourism's shares. This capital reduction is within the authority of the board of directors, and there is no need to submit it to the shareholders' meeting for consideration. This capital reduction does not involve related transactions, nor does it constitute a major asset restructuring.