TYM: Discloses significant asset restructuring progress

On July 23rd, TYM disclosed an announcement regarding the progress of a major asset restructuring. The company plans to acquire 100% equity of Xingyun Kaiwu through the issuance of shares and cash payment, and to raise supporting funds. Currently, the relevant proposals still require approval from the shareholders' meeting and other necessary approvals, and the audit and evaluation work has not been completed, presenting uncertainty risks. After the completion of the audit, evaluation, and due diligence work, the company will hold another board meeting to review the proposals related to this transaction and will strictly fulfill its information disclosure obligations in accordance with relevant laws and regulations