Huangshan Tourism announced that Huangshan Guofa Group, a shareholder of Taipinghu Cultural Tourism, a holding subsidiary of the company, plans to transfer 40.04% of its shares in Taiping Lake Cultural Tourism to Huangshan Agriculture and Cultural Tourism in the form of a free transfer. The company decided to relinquish the priority purchase rights for this equity transfer. The matter was reviewed and approved by the 25th meeting of the 9th board of directors of the company on August 7, 2026. The meeting passed with 11 votes in agreement, 0 against, and 0 abstentions. This relinquishment of priority purchasing rights does not constitute a related transaction or major asset restructuring. It will not change the company's 59.96% shareholding ratio in Taipinghu Cultural Tourism, and will not result in a change in the scope of the consolidated statement.

Huangshan Tourism announced that Huangshan Guofa Group, a shareholder of Taipinghu Cultural Tourism, a holding subsidiary of the company, plans to transfer 40.04% of its shares in Taiping Lake Cultural Tourism to Huangshan Agriculture and Cultural Tourism in the form of a free transfer. The company decided to relinquish the priority purchase rights for this equity transfer. The matter was reviewed and approved by the 25th meeting of the 9th board of directors of the company on August 7, 2026. The meeting passed with 11 votes in agreement, 0 against, and 0 abstentions. This relinquishment of priority purchasing rights does not constitute a related transaction or major asset restructuring. It will not change the company's 59.96% shareholding ratio in Taipinghu Cultural Tourism, and will not result in a change in the scope of the consolidated statement.