*ST Busen announced that the company held a board meeting on December 25, 2025 to review and pass a bill to borrow 21 million yuan from participating company Shaanxi Busen. The loan period is not more than 12 months, and the annual interest rate is 2.10% to supplement capital liquidity. Shaanxi Busen was jointly invested and established by the company and Shaanxi Zhongjiang, the acting holder of Xianhua Group. Xianhua Group is a limited partner of the company's largest shareholder Dongwei Tongchuang. This transaction constitutes a related transaction, but it does not constitute a major asset restructuring, and there is no need to submit it to the shareholders' meeting for consideration.

*ST Busen announced that the company held a board meeting on December 25, 2025 to review and pass a bill to borrow 21 million yuan from participating company Shaanxi Busen. The loan period is not more than 12 months, and the annual interest rate is 2.10% to supplement capital liquidity. Shaanxi Busen was jointly invested and established by the company and Shaanxi Zhongjiang, the acting holder of Xianhua Group. Xianhua Group is a limited partner of the company's largest shareholder Dongwei Tongchuang. This transaction constitutes a related transaction, but it does not constitute a major asset restructuring, and there is no need to submit it to the shareholders' meeting for consideration.