Guilin Travel announced that on April 29, 2026, the company's board of directors agreed that the holding subsidiary Yinziyan Company will absorb and merge its wholly-owned subsidiary Vivid Lotus Company. On July 10, the industrial and commercial deregistration procedures of Vivid Lotus Company were completed, and the absorption and merger was completed. All of its business, assets, etc. were taken over by Yinziyan Company in accordance with law. This absorption and merger is conducive to optimizing the management structure, integrating resources, improving efficiency, and reducing costs, and has no impact on the company's financial and operating results.

Guilin Travel announced that on April 29, 2026, the company's board of directors agreed that the holding subsidiary Yinziyan Company will absorb and merge its wholly-owned subsidiary Vivid Lotus Company. On July 10, the industrial and commercial deregistration procedures of Vivid Lotus Company were completed, and the absorption and merger was completed. All of its business, assets, etc. were taken over by Yinziyan Company in accordance with law. This absorption and merger is conducive to optimizing the management structure, integrating resources, improving efficiency, and reducing costs, and has no impact on the company's financial and operating results.