*ST Huapeng announced that the company received a notice from Shandong Development Investment Holding Group Co., Ltd., the controlling shareholder, which is the second largest shareholder, and learned that it and the owning company intend to submit a listing application to the Shandong Property Exchange Center by October 23, 2026 to publicly transfer their claims against the company and its subsidiaries. The total amount of claims is 1,122 million yuan, including 775 million yuan in principal, 346 million yuan in interest liabilities, and 1.8 million yuan in guarantee fees. This transfer does not change the amount, term and guarantee arrangement of the underlying claim, does not involve debt restructuring or debt rollover, and will not have a significant adverse impact on the company's current profit and loss, cash flow, and normal production and operation. The final transferee of this debt transfer is uncertain, and the company will continue to monitor the progress and fulfill its obligation to disclose information.

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