*ST Wingtech announced that the company previously disclosed that it plans to transfer 100% of its shares and business asset packages to Lixun Precision Industries Co., Ltd. and Lixun Communications Co., Ltd. through cash transactions. According to this announcement, there is a dispute over the implementation of the Indian business asset package agreement. Lixun Liantao has submitted the dispute to the Singapore International Arbitration Center. The arbitral tribunal held its first case management meeting on May 19, 2026, and determined that the final trial will take place during the week of September 20, 2027. With the exception of the Indian business asset package, the other assets subject to this transaction have completed the registration procedure for the change of ownership, and there are no arbitration lawsuits involved.

*ST Wingtech announced that the company previously disclosed that it plans to transfer 100% of its shares and business asset packages to Lixun Precision Industries Co., Ltd. and Lixun Communications Co., Ltd. through cash transactions. According to this announcement, there is a dispute over the implementation of the Indian business asset package agreement. Lixun Liantao has submitted the dispute to the Singapore International Arbitration Center. The arbitral tribunal held its first case management meeting on May 19, 2026, and determined that the final trial will take place during the week of September 20, 2027. With the exception of the Indian business asset package, the other assets subject to this transaction have completed the registration procedure for the change of ownership, and there are no arbitration lawsuits involved.