German Union Group announced that on December 30, 2025, the company agreed to the wholly-owned subsidiary Changchun Youchi to acquire 100% of the shares of Changchun Changrong held by Liu Maochang, Di Yanping, and Jilin Tianmao Real Estate Group. On July 14, 2026, Changchun Changrong completed the registration of relevant industrial and commercial changes, with a registered capital of 63.35 million yuan. The legal representative is Wu Shuwen. After the change, Changchun Changrong became a wholly-owned subsidiary of the company and included in the scope of the consolidated statement, and the “Escrow Management Agreement” ended.

German Union Group announced that on December 30, 2025, the company agreed to the wholly-owned subsidiary Changchun Youchi to acquire 100% of the shares of Changchun Changrong held by Liu Maochang, Di Yanping, and Jilin Tianmao Real Estate Group. On July 14, 2026, Changchun Changrong completed the registration of relevant industrial and commercial changes, with a registered capital of 63.35 million yuan. The legal representative is Wu Shuwen. After the change, Changchun Changrong became a wholly-owned subsidiary of the company and included in the scope of the consolidated statement, and the “Escrow Management Agreement” ended.