INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K (Form 6-K)

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

Sales of Certain Equity Interest in Zhuhai Shengguang Zhongshuo Digital Marketing Co., Ltd.

On July 21, 2025, Xinjiang Xinyouzhong Marketing Co., Ltd. ("Xinjiang Xinyouzhong"), an indirectly wholly-owned subsidiary of the Company, entered into an equity transfer agreement (the "Agreement") with Singularity Digital Marketing (Guangzhou) Co., Ltd. ("Singularity Digital"), a company incorporated in the PRC and a related party of the Company. Pursuant to the Agreement, Xinjiang Xinyouzhong agrees to sell, and Singularity Digital agrees to purchase, all of Xinjiang Xinyouzhong's 51% equity interest in Zhuhai Shengguang Zhongshuo Digital Marketing Co., Ltd. ("Shengguang Zhongshuo"), a limited liability company incorporated in the PRC, for an aggregate consideration of RMB16,000,000. The transaction has been completed in accordance with the terms of the Agreement. Furthermore, the sales of the Company's equity interest in Shengguang Zhongshuo represents its complete exit from all marketing and branding services operations.

A copy of the Agreement is included in this current report on Form 6-K as Exhibit 10.1 and the foregoing description of the Agreement is qualified in its entirety by reference thereto.

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