*ST Beauty said on an interactive platform on July 30 that the company's current cooperation with China Shipbuilding Group International Engineering Co., Ltd. in the field of construction engineering is a normal commercial act based on strategic collaboration and business complementarity between the two parties. In the first quarter of 2026, related businesses accounted for about 4.3% of revenue, which had little impact on the company. There is no case where China Shipbuilding's assets are listed behind the scenes.

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