Dinglong Culture 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.
1. Explanation of the Appointment of the Sponsor Securities Firm
The Company received the Shenzhen Stock Exchange's (hereinafter referred to as "SZSE") decision on August 23, 2024, regarding the termination of the Company's stock listing (Shenzhen Stock Exchange [2024] No. 699). Given that the Company's stock closing price was below 1 yuan for twenty consecutive trading days from June 19, 2024, to July 16, 2024, the SZSE has decided to terminate the Company's stock listing. For specific details, please refer to the announcement titled "Announcement on Receiving the Decision of Stock Termination" disclosed by the Company on August 24, 2024, on the Giant Tide Information Network (www.cninfo.com.cn).