ST Longda announced that the company's 7,528,543 shares held by Lan Run Development, the controlling shareholder of the company, were publicly auctioned on the Taobao Judicial Auction Online Platform from 14:00 on October 15 to 14:00 on October 16, 2026, and were already auctioned off due to no bids. This portion of the shares is in a state of judicial freeze, and there is uncertainty about whether other judicial procedures will be taken in the future. This streaming will not lead to a change in the company's control and will not have a significant impact on the company's production and operation. In addition, 166,859 shares held by Lanrun Development will be judicially auctioned from October 29 to October 30, 2026.

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