ST Zhongzhu announced that on October 23, 2026, the company received a notification letter on the progress of holdings reduction and a simplified equity change report from Xiao Feiying, a shareholder holding 5% or more of the shares. On October 23, 2026, Xiao Feiying reduced her holdings of the company's unlimited tradable shares by 356,600 shares through centralized bidding, accounting for 0.0179% of the company's total share capital. After this reduction in holdings, Xiao Feiying held 99.643,500 shares of the company. The shareholding ratio dropped from 5.0179% to 5.0000%, and the change in equity hit the 5% scale. This equity change is in line with the previously disclosed holdings reduction plan. It does not touch on the proposed acquisition, does not lead to a change in the company's largest shareholder, and does not violate relevant laws, regulations and commitments.

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