YNYW: There are uncertainties and risks associated with the major asset restructuring
YNYW issued a notice of unusual movements. On December 20, 2024, the company will hold the sixth meeting of the tenth board of directors to review and approve the proposal regarding the relevant proposals and their summaries. As of the date of this announcement, the audit, evaluation, and other related work for the target assets involved in this restructuring have not yet been completed. This restructuring matter still needs to go through the necessary internal decision-making procedures and must be approved by the competent regulatory authorities before it can be officially implemented. There is still uncertainty regarding whether it can be implemented, and relevant information shall be subject to the announcements published by the company's designated information disclosure media
