*ST Chunxing announced that Sun Jiexiao, the controlling shareholder, held 288 million shares of the company, accounting for 25.53% of the total share capital, and 100% of the pledged, judicially frozen and pending freeze; Chairman Yuan Jing held 31.0 million shares of the company, accounting for 2.75% of the total share capital, and 100% of the pledged, judicially frozen, and queuing freezes. The total shareholding of the two accounts for 28.28% of the company's total share capital, and they are both in a state of pledged/judicial freeze/pending freeze. If the matter is not properly resolved, shares may be forcibly transferred or judicially auctioned, affecting the stability of the company's control. At present, it has not had a significant impact on the company's production and operation.

*ST Chunxing announced that Sun Jiexiao, the controlling shareholder, held 288 million shares of the company, accounting for 25.53% of the total share capital, and 100% of the pledged, judicially frozen and pending freeze; Chairman Yuan Jing held 31.0 million shares of the company, accounting for 2.75% of the total share capital, and 100% of the pledged, judicially frozen, and queuing freezes. The total shareholding of the two accounts for 28.28% of the company's total share capital, and they are both in a state of pledged/judicial freeze/pending freeze. If the matter is not properly resolved, shares may be forcibly transferred or judicially auctioned, affecting the stability of the company's control. At present, it has not had a significant impact on the company's production and operation.