ST Xilinmen announced that some of the shares held by Huayi Intelligent Manufacturing, the controlling shareholder of the company, and Chen Ayu, the actual controller, were suspended by the Yuecheng District People's Court of Shaoxing City on November 3, 2026. 1.182 million shares are currently pending freezing, accounting for 1.39% and 14.58% of their shares, respectively, all accounting for 0.32% of the company's total share capital and involving $10 billion in liabilities. As of the disclosure date of the announcement, the controlling shareholders and their co-actors held a total of 134 million shares, accounting for 36.36% of the company's total share capital. The cumulative percentage of shares frozen and awaiting freezing reached 100%. At present, the company's production and operation are normal, and related matters have not had a significant adverse impact on the company's production and operation. Investors are kindly requested to pay attention to the risks.

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