Zhongnan Culture announced that the company plans to issue shares and pay cash to Jiangyin Electric Power Investment Co., Ltd., purchase 57.30% of its shares in Jiangyin Sulong Thermal Power Co., Ltd. and raise supporting capital, which is expected to constitute a major asset restructuring and related transaction. Trading of the company's shares was suspended from the opening of the market on February 13, and trading resumed when the market opened on March 9. As of the date of disclosure of the announcement, the audit, evaluation and other related work involved in the transaction had not been completed. The transaction still has to go through the necessary procedures, and there is uncertainty about whether it can be implemented.

Zhongnan Culture announced that the company plans to issue shares and pay cash to Jiangyin Electric Power Investment Co., Ltd., purchase 57.30% of its shares in Jiangyin Sulong Thermal Power Co., Ltd. and raise supporting capital, which is expected to constitute a major asset restructuring and related transaction. Trading of the company's shares was suspended from the opening of the market on February 13, and trading resumed when the market opened on March 9. As of the date of disclosure of the announcement, the audit, evaluation and other related work involved in the transaction had not been completed. The transaction still has to go through the necessary procedures, and there is uncertainty about whether it can be implemented.