Radio and Television Express announced that the company publicly listed and transferred 30% of its shares in Guangzhou Data Trading Co., Ltd., with a reserve listing price of RMB 3.045 million. Recently, the Guangzhou Municipal Government Procurement Center delisted the listing for RMB 3.045 million and signed the “Property Exchange Contract”. This transaction does not constitute a related transaction or major asset restructuring, and the company no longer holds shares in the data trading company after the transaction is completed. The transaction price will be paid in one time, including the deposit of 500,000 yuan already paid, and the balance of 2,545 million yuan will be paid within 5 working days from the effective date of the contract.

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