Amendment to Schedule 13D Filing for ATA Creativity Global

Empire Fortune Management Limited, a British Virgin Islands entity, has filed an amendment to its Schedule 13D, reporting ownership of 8,559,434 common shares of ATA Creativity Global, representing 9.9% of the class. This ownership stems from a subscription in a registered direct offering on November 17, 2025. The funds for this acquisition were sourced from banks, amounting to USD 3,423,774. The investment purpose is stated as medium to long-term, subject to market conditions, volatility, and liquidity. XUE Fenglan is identified as the sole beneficiary owner of Empire Fortune Management Limited and also serves as a Director of the issuer. The filing date of this amendment is March 30, 2026, with the event date being January 28, 2026. This filing indicates a shift in significant ownership for ATA Creativity Global.