Core Viewpoint - Shanghai Jiaoyun Group Co., Ltd. has completed the collection of compensation for the expropriation of properties located at Jiangxi Middle Road 451 and Hong Kong Road 130, totaling 112,573,813.82 yuan, which will be recorded as "non-operating income" and is expected to increase the total profit for 2025 by approximately 106,677,090.24 yuan [1][2][4]. Summary by Sections Situation Overview - The properties at Jiangxi Middle Road 451 and Hong Kong Road 130 were included in the expropriation range as per the decision made by the Huangpu District People's Government on December 15, 2023 [2]. - The total compensation for Jiangxi Middle Road 451 is 27,087,814 yuan, with corresponding interest of 905,713.51 yuan [2]. Progress Update - The company has received the remaining compensation for Jiangxi Middle Road 451 amounting to 22,755,410 yuan and interest of 203,534.50 yuan, as well as the remaining compensation for Hong Kong Road 130, completing the collection process [1][3]. Impact on the Company - The expropriation will not have a significant impact on the company's production and operations [3].

Core Viewpoint - Shanghai Jiaoyun Group Co., Ltd. has received compensation for property expropriation, which will positively impact its financials in 2025 [2][5]. Group 1: Compensation Details - On May 9, 2025, the company's wholly-owned subsidiary, Shanghai Lianyun Co., Ltd., received compensation for the expropriation of properties located at Jiangxi Middle Road 451 and Hong Kong Road 130, totaling 13,921,558.78 yuan, which includes principal and interest [2][4]. - The compensation for Jiangxi Middle Road 451 amounts to 3,799,949.33 yuan and 38,750.95 yuan in interest, while for Hong Kong Road 130, it is 9,971,594.31 yuan and 111,264.19 yuan in interest [2][4]. Group 2: Financial Impact - The received compensation will be recorded as "non-operating income" and is expected to increase the total profit for 2025 by approximately 13,921,558.78 yuan, subject to final audit adjustments [2][5]. - The property expropriation is not expected to have a significant impact on the company's production and operations [5]. Group 3: Regulatory Compliance - The company will adhere to the relevant accounting standards for the treatment of the compensation received and will continue to fulfill its information disclosure obligations as required by regulations [5].