Macrolink shareholder completes reduction plan

Hunan Xinhua Union Construction Engineering Co., Ltd. (Hunan Huajian) completed its reduction of Macrolink Culturaltainment Development (the "Company") shares between June 30, 2025, and July 9, 2025. The reduction was executed through centralized competitive bidding, decreasing the stake by 9,839,700 shares, representing 0.17% of the company's total share capital.

The shares were disposed of at a price range of CNY 1.62 to CNY 1.66 per share.

Following the reduction, Hunan Huajian holds 3,935.8792 shares, accounting for 0.67% of the total share capital. The reductions were compliant with relevant laws and regulations. Hunan Huajian is not the controlling shareholder, and the reduction will not impact the company's control structure or operations.