ST Longda announced that the company received relevant documents from the Chengdu Railway Transport Intermediate Court. The controlling shareholder Lanrun Development's 7.5285 million shares will be judicially auctioned, accounting for 4.21% of the shares held by Lan Run Development, accounting for 0.55% of the company's total share capital. The auction period will be from 10:00 on October 15 to 10:00 on October 16, 2026. The auction platform is Taobao. If all of the shares in this auction are sold and the transfer is completed, Lanrun Development's shareholding ratio will drop from 13.13% to 12.57%. It is still the company's largest shareholder, and will not lead to a change in the actual control of the company. There is still uncertainty about the results of this judicial auction, and the company's current business situation is normal.

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