*ST Chuangyu announced that the company received a gift letter from the controlling shareholder, Karamay City Construction Investment and Development Co., Ltd., and plans to give the company 60 million yuan in cash free of charge. The company does not have to pay consideration, no additional conditions or obligations, the donation act is irrevocably changed. The grant amount is included in the capital reserve and can be used for legal purposes such as supplementing working capital and debt repayment. The money will be transferred within 10 working days from the date the letter is issued. The related transaction has been reviewed and approved by the company's board of directors, and the relevant directors have avoided voting. The company has applied to the Shenzhen Stock Exchange for exemption and submitted to the shareholders' meeting for consideration, which does not constitute a major asset restructuring. From the beginning of 2026 to October 16, the total amount of related transactions between the company and related parties was 2007.7 million yuan.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.