One Network One Innovation announced that the company previously planned to purchase 100% of the shares of Beijing Lianshi Legend Network Technology Co., Ltd. from Yang Guanghong and other counterparties by issuing shares and paying cash, and plans to raise supporting capital. After many rounds of communication and negotiations, the parties to the transaction still failed to reach a unified opinion on the core terms of the transaction. The company held the 17th meeting of the 4th board of directors on August 5, 2026 to review and approve the termination of the transaction, and promised not to plan matters related to major asset restructuring within 1 month from the date of disclosure of the announcement. The termination of this transaction will not have a significant adverse impact on the company's current daily operations and financial situation.

One Network One Innovation announced that the company previously planned to purchase 100% of the shares of Beijing Lianshi Legend Network Technology Co., Ltd. from Yang Guanghong and other counterparties by issuing shares and paying cash, and plans to raise supporting capital. After many rounds of communication and negotiations, the parties to the transaction still failed to reach a unified opinion on the core terms of the transaction. The company held the 17th meeting of the 4th board of directors on August 5, 2026 to review and approve the termination of the transaction, and promised not to plan matters related to major asset restructuring within 1 month from the date of disclosure of the announcement. The termination of this transaction will not have a significant adverse impact on the company's current daily operations and financial situation.