According to the Xiangyuan Cultural Tourism announcement, the judicial auction of 105.5 million shares of the company's unlimited tradable shares held by Anhui Xiangyuan, the controlling shareholder of the company, was auctioned by Zhejiang Travel Investment Group. The relevant shares were registered for transfer on October 8, 2026, and the corresponding pledge and judicial freeze were lifted simultaneously. After this transfer, the shareholding ratio of Anhui Xiangyuan dropped from 20.56% to 10.56%, the total shareholding ratio of the company's actual controllers, controlling shareholders and co-actors dropped from 58.08% to 48.07%; Zhejiang Travel Investment Group's shareholding ratio increased from 4.78% to 14.78%. This transfer does not involve the proposed acquisition, and will not lead to changes in the controlling shareholder and actual controller of the company. Zhejiang Travel Investment Group will not reduce its holdings of the transferred shares within 6 months.

According to the Xiangyuan Cultural Tourism announcement, the judicial auction of 105.5 million shares of the company's unlimited tradable shares held by Anhui Xiangyuan, the controlling shareholder of the company, was auctioned by Zhejiang Travel Investment Group. The relevant shares were registered for transfer on October 8, 2026, and the corresponding pledge and judicial freeze were lifted simultaneously. After this transfer, the shareholding ratio of Anhui Xiangyuan dropped from 20.56% to 10.56%, the total shareholding ratio of the company's actual controllers, controlling shareholders and co-actors dropped from 58.08% to 48.07%; Zhejiang Travel Investment Group's shareholding ratio increased from 4.78% to 14.78%. This transfer does not involve the proposed acquisition, and will not lead to changes in the controlling shareholder and actual controller of the company. Zhejiang Travel Investment Group will not reduce its holdings of the transferred shares within 6 months.