*ST Tongzhou (Rights Protection) Announcementplaycrapsforfree, the company originally planned to issue shares and pay cash to purchase 100% equity of Xiamen Kuaiyun Co., Ltd. held by 17 counterparties including Zhu Dan and Liu Mingxing, and at the same time issue shares to Fujian Tengxu Industrial Co., Ltd. to raise matching funds. All parties to the transaction have conducted many demonstrations and negotiations on the transaction plan of this material asset reorganization, and believe that it is highly uncertain to continue to advance this material asset reorganization at this stage. After careful study, the company and all parties to the transaction negotiated to terminate the transaction.