000620SZSE

Announcement on the Implementation Results of Shareholder Reduction Plan

✨ AI Summary

This announcement details the results of a share reduction plan by Hunan Xinhua Construction Engineering Co., Ltd., a shareholder of Beijing Tongguan Yinxin Cultural Tourism Development Co., Ltd. The company planned to reduce its holdings by 100 million shares, representing 1.70% of total shares. The actual reduction was 31,569,713 shares, leaving Hunan Xinhua with 168,430,287 shares, or 2.87% of total shares.

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Full Translation

AI Translation· azure_openai

Beijing Tongguan Yinxin Cultural Tourism Development Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

On December 13, 2025, the Company disclosed the "Pre-disclosure Announcement on Shareholder Reduction Plan" (Announcement No. 2025-081) on the Giant Tide Information Network (http://www.cninfo.com.cn). The Company's shareholder, Hunan Xinhua Construction Engineering Co., Ltd. (hereinafter referred to as "Hunan Huajian"), planned to reduce its holdings of 100,000,000 shares (accounting for 1.70% of the Company's total share capital) within three months starting from fifteen trading days after the announcement (i.e., from January 7, 2026, to April 6, 2026) through centralized bidding and block trading.

Recently, the Company received a notice from Hunan Huajian regarding the expiration of the share reduction plan and its implementation status, which is announced as follows:

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