ST Xinyuan announced that Li Taotao, a shareholder of the company's shareholding company Shenzhen Jincheng Confidential Technology Co., Ltd., plans to transfer 34% of his shares in Shenzhen Jincheng to Shenzhen Jinxincheng Investment Partnership. Based on the company's actual business situation, the company decided to relinquish the priority purchase rights for this share transfer. This relinquishment of priority purchasing rights will not change the company's rights and interests in participating companies, will not adversely affect the company's daily operations, and will not harm the interests of the company or the majority of shareholders.

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