*ST Erya announced that 4.5 million shares held by Meierya Group, the controlling shareholder of the company, will be auctioned by the Wuhan Wuchang District People's Court in three batches on the JD Judicial Auction Platform from October 10 to October 11, 2026, accounting for 6.13% of the controlling shareholders' shares and 1.25% of the company's total share capital. Currently, the shares are judicially frozen. The lawsuit involved in this auction has nothing to do with the company and will not affect the normal production and operation of the company. If all of the auctions are completed, Meriya Group's shareholding ratio will drop from 20.39% to 19.14%, which will not lead to a change in the company's control. This auction is still in the publicity stage, and there is uncertainty about the results.

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