On July 7, 2022, The Great Wall of Culture Group, the issuer, announced the outcomes of its Fifth Extraordinary General Meeting of Shareholders. In line with the resolutions, the proposal titled "Amendment to Article 106 of the Articles of Association of Guangdong Cultural Great Wall Group Co., Ltd.," as well as the shareholder nomination of Mr. Zhou Yaowei, which were presented by Guangzhou Shangrong, Jiaxing Zhuozhi, and Shenzhen Pufangda, did not secure approval. Conversely, the proposal regarding the "Annual Remuneration of Members of the Company's Board of Supervisors" was successfully approved.