*ST Wanfang announced that since the company shares held by Beijing Wanfangyuan Real Estate Development Co., Ltd., the former largest shareholder, were judicially transferred to the name of Jiutai Agricultural Commercial Bank in Jilin, Jiutai Agricultural Commercial Bank became the largest shareholder of the company. At the same time, since Jiutai Agricultural Commercial Bank has no intention of participating in the company's daily operations and financial decisions, the controlling shareholder of the company was changed from Baishan Huide Industrial Co., Ltd. to an uncontrolled shareholder, and the actual controller was changed from the Finance Bureau of Jiangyuan District of Baishan City to no actual controller. This change in equity will not adversely affect the company's daily business activities, and the company still has a standardized corporate governance structure and the ability to operate independently.

*ST Wanfang announced that since the company shares held by Beijing Wanfangyuan Real Estate Development Co., Ltd., the former largest shareholder, were judicially transferred to the name of Jiutai Agricultural Commercial Bank in Jilin, Jiutai Agricultural Commercial Bank became the largest shareholder of the company. At the same time, since Jiutai Agricultural Commercial Bank has no intention of participating in the company's daily operations and financial decisions, the controlling shareholder of the company was changed from Baishan Huide Industrial Co., Ltd. to an uncontrolled shareholder, and the actual controller was changed from the Finance Bureau of Jiangyuan District of Baishan City to no actual controller. This change in equity will not adversely affect the company's daily business activities, and the company still has a standardized corporate governance structure and the ability to operate independently.