*ST Quan announced that the company received a notice from shareholders of the holding subsidiary that Zaozhuang Hongyun plans to transfer 1.4706% of Shandong Quan's shares for 2.573,800 yuan, Zaozhuang Yasheng plans to transfer 23% of the shares for 40.399 million yuan; and Jingbei Holdings plans to transfer 28% of Anhui Quan's shares for 35.263 million yuan. Since the company is undergoing pre-restructuring, it was agreed to relinquish priority purchasing rights after discussion by management and review by the board of directors. After the abandonment, the company remained the controlling shareholder of the two subsidiaries, and the shareholding ratio remained unchanged, which did not affect the scope of the company's consolidated statements, production and operation, and financial status.

*ST Quan announced that the company received a notice from shareholders of the holding subsidiary that Zaozhuang Hongyun plans to transfer 1.4706% of Shandong Quan's shares for 2.573,800 yuan, Zaozhuang Yasheng plans to transfer 23% of the shares for 40.399 million yuan; and Jingbei Holdings plans to transfer 28% of Anhui Quan's shares for 35.263 million yuan. Since the company is undergoing pre-restructuring, it was agreed to relinquish priority purchasing rights after discussion by management and review by the board of directors. After the abandonment, the company remained the controlling shareholder of the two subsidiaries, and the shareholding ratio remained unchanged, which did not affect the scope of the company's consolidated statements, production and operation, and financial status.