Lingnan Holdings announced that it plans to purchase 85% of Guangzhou Radio and Television City Service Group Co., Ltd.'s shares held by Guangzhou Digital Technology Group Co., Ltd. and raise supporting capital from Guangzhou Lingnan Capital Management Co., Ltd., a wholly-owned subsidiary of the controlling shareholder. The transaction is expected to constitute a major asset restructuring and related transaction, and not a restructuring and listing. Trading of the company's shares has resumed since the opening of the market on July 8, 2026. As of the disclosure date of this announcement, the audit and evaluation work involved in this transaction has not been completed. The company will continue to advance related work and carry out follow-up review and approval procedures after the relevant work is completed. The deal still requires multiple approvals, and it is uncertain whether it will pass.

Lingnan Holdings announced that it plans to purchase 85% of Guangzhou Radio and Television City Service Group Co., Ltd.'s shares held by Guangzhou Digital Technology Group Co., Ltd. and raise supporting capital from Guangzhou Lingnan Capital Management Co., Ltd., a wholly-owned subsidiary of the controlling shareholder. The transaction is expected to constitute a major asset restructuring and related transaction, and not a restructuring and listing. Trading of the company's shares has resumed since the opening of the market on July 8, 2026. As of the disclosure date of this announcement, the audit and evaluation work involved in this transaction has not been completed. The company will continue to advance related work and carry out follow-up review and approval procedures after the relevant work is completed. The deal still requires multiple approvals, and it is uncertain whether it will pass.