*ST Quanwei announced that the controlling shareholder of the company, Quan Wei Guangdong National Technology Holdings Co., Ltd., the controlling shareholder of Green Energy Investment Co., Ltd., will be forcibly sold by the People's Court of Pengjiang District, Jiangmen City, Guangdong Province due to a private loan dispute. The execution period is from November 6, 2026 to January 30, 2027. It is handled at market price through centralized bidding, and centralized bidding reduced holdings by no more than 1% of the company's total share capital for 90 consecutive days. This passive reduction in holdings will not lead to a change in the actual controller of the company, and will not have a significant impact on the company's governance, shareholding structure and continuous operation.

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