*ST Baoxin announced that the company's controlling shareholder, Jiangsu Liqing Integrated Circuit Technology Co., Ltd., and its co-actor, Nanjing Yuhong Equity Investment Co., Ltd., were judicially auctioned and judicially decided to “pay off the debt with goods” due to their own debt dispute. As of November 6, 2026, a total of 20.458,800 shares were registered for transfer. After this change in equity, the combined shareholding ratio of the two fell from 17.51% to 14.67%. They are still the controlling shareholders of the company and will not lead to a change in the actual controller of the company. In the future, some shares of Jiangsu Liqing will be judicially auctioned one after another.

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