Lajin Entertainment Network Group Limited announced a quarterly update on its business operations and resumption progress. The Group reported that its operations remain normal in all material respects, with major developments in its Entertainment Business and New Media segments. In January 2026, the Group received regulatory approval to expand its existing internet audio-visual program license in the PRC to include the distribution of internet dramas and movies via mobile devices. This expansion is expected to allow the Group to explore additional business opportunities related to mini-dramas and to create synergies within its business segments. Additionally, following a previous announcement, the Group received payment from an independent third-party subscriber for a potential subscription of a 10% equity interest in Lajin Zhongbo. This transaction has provided the Group with cash proceeds, strengthening its cash flow and financial flexibility, and is intended to support future investments and business opportunities. The Company stated its commitment to ongoing business and financial reviews to demonstrate compliance with GEM Rule 17.26.

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