The board of directors of Magic Decoration Co., Ltd. approved the proposal for the public transfer of 50 properties

On the afternoon of September 18, 2025, the 15th meeting of the 5th Board of Directors of Magic Decoration Co., Ltd. was held in the company conference room, combining in-person and communication methods. There were 9 directors required to attend, and all 9 were present, with 4 directors voting by communication. The meeting reviewed and approved the proposal on the public transfer of real estate, agreeing to publicly transfer 50 real estate properties at the Guangdong United Property Rights Exchange Center, with a total construction area of 3,097.90 square meters, located in multiple locations, with a total book value of 46.7025 million yuan, and a base price of 39.3106 million yuan based on the appraisal value, with the final transaction price subject to the listing results. At the same time, the company's management was authorized to handle the relevant transfer matters. For details, see the related announcement on the Giant Tide Information Network