Simplified Report on Change in Equity (Transferor)

Fengshang Culture Group Co., Ltd.

Simplified Report on Change in Equity

Listed Company Name: Fengshang Culture Group Co., Ltd.

Stock Exchange: Shenzhen Stock Exchange

Stock Abbreviation: Fengshang Culture

Stock Code: 300860

Information Disclosure Obligor 1: Beijing Shenglan Culture Communication Partnership (Limited Partnership)

Domicile and Mailing Address: Room A-1301, 13th Floor, No. 1 Qinglong Hutong, Dongcheng District, Beijing

Nature of Equity Change: Reduction of shares (negotiated transfer)

Information Disclosure Obligor 2: Sha Xiaolan

Domicile and Mailing Address: Chaoyang District, Beijing [blank]

Information Disclosure Obligor 3: Wang Fangyun

Signing Date: July 24, 2026

Declaration of Information Disclosure Obligors

1. This report is prepared in accordance with the Securities Law of the People's Republic of China, the Administrative Measures for the Takeover of Listed Companies, and the Contents and Formats of Information Disclosure by Companies Offering Securities to the Public No. 15 - Report on Change in Equity.

2. The signing of this report by the information disclosure obligors has obtained the necessary authorization and approval, and its execution does not violate or conflict with any clauses in the articles of association or internal regulations of the information disclosure obligors.

3. In accordance with the Securities Law of the People's Republic of China and the Administrative Measures for the Takeover of Listed Companies, this report fully discloses the changes in the equity held by the information disclosure obligors in Fengshang Culture Group Co., Ltd. As of the signing date of this report, except for the information disclosed herein, the information disclosure obligors have not increased or decreased their equity in Fengshang Culture Group Co., Ltd. through any other means.

4. This change in equity is based on the materials stated in this report. The information disclosure obligors have not entrusted or authorized any other person to provide information not listed in this report or to make any explanations or statements regarding this report.

5. The information disclosure obligors promise that this report does not contain any false records, misleading statements, or major omissions, and they assume individual and joint legal responsibility for its authenticity, accuracy, and completeness.

Table of Contents

1. Declaration of Information Disclosure Obligors

2. Table of Contents

3. Section I: Definitions

4. Section II: Introduction to Information Disclosure Obligors

5. Section III: Purpose of the Equity Change

6. Section IV: Method of Equity Change

7. Section V: Trading of Listed Company Shares in the Previous Six Months

8. Section VI: Other Important Matters

9. Section VII: Documents Available for Inspection

10. Appendix: Simplified Report on Change in Equity

Section I: Definitions

Unless otherwise specified, the following abbreviations have the following meanings in this report: