Zhitong Finance App News, Little Yellow Ya Deying (02250.HK) announced that on July 2, 2025, Deying Cultural Tourism (an indirect wholly-owned subsidiary of the company) (i) signed a cooperative framework agreement with Nangang Xingbo and the company to lay the foundation for the establishment of a joint venture; (ii) signed a joint venture agreement with Nangang Xingbo to jointly establish a joint venture, of which Deying Cultural Tourism invested RMB 22.5 million in cash (accounting for 60% of the total registered capital of the joint venture) and Nangang Xingbo (or its designated affiliate) RMB 15 million (accounting for 40% of the total registered capital of the joint venture); and (iii) Entered into a joint venture supplementary agreement with Nangang Xingbo and the company to grant Nangang Xingbo (or its designated related party) the right to sell.

Zhitong Finance App News, Little Yellow Ya Deying (02250.HK) announced that on July 2, 2025, Deying Cultural Tourism (an indirect wholly-owned subsidiary of the company) (i) signed a cooperative framework agreement with Nangang Xingbo and the company to lay the foundation for the establishment of a joint venture; (ii) signed a joint venture agreement with Nangang Xingbo to jointly establish a joint venture, of which Deying Cultural Tourism invested RMB 22.5 million in cash (accounting for 60% of the total registered capital of the joint venture) and Nangang Xingbo (or its designated affiliate) RMB 15 million (accounting for 40% of the total registered capital of the joint venture); and (iii) Entered into a joint venture supplementary agreement with Nangang Xingbo and the company to grant Nangang Xingbo (or its designated related party) the right to sell.