Pearl River Piano announced that the company's board of directors reviewed and passed the bill and agreed to sell part of the land assets of Poland Schumier Piano Co., Ltd., the holding fourth-level subsidiary in Poland for 1.53 million zł, with a total land area of about 8,500 square meters. This asset sale does not constitute a related transaction or major asset restructuring. There is no need to submit it to the shareholders' meeting for consideration. The board of directors authorized management to handle related follow-up matters.

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