*ST Shida announced that the company plans to acquire no less than 51% of Fujian Kate Technology Co., Ltd.'s shares through its own or self-funded cash, and will become its controlling shareholder after the transaction is completed. The transaction is expected to constitute a major asset restructuring, a related transaction, not involving the issuance of shares, leading to a change in the company's control, and not a restructuring and listing. On October 30, 2026, the company signed letters of intent to transfer shares with 7 counterparties. It is expected that the transaction plan or report will be disclosed within 6 months from the date of disclosure of this announcement. The transaction is still in the planning stage. There is significant uncertainty, and trading of the company's shares will not be suspended. The restructuring is not expected to be completed within 2026, and there will be no impact on the company's 2026 financial data.

*ST Shida announced that the company plans to acquire no less than 51% of Fujian Kate Technology Co., Ltd.'s shares through its own or self-funded cash, and will become its controlling shareholder after the transaction is completed. The transaction is expected to constitute a major asset restructuring, a related transaction, not involving the issuance of shares, leading to a change in the company's control, and not a restructuring and listing. On October 30, 2026, the company signed letters of intent to transfer shares with 7 counterparties. It is expected that the transaction plan or report will be disclosed within 6 months from the date of disclosure of this announcement. The transaction is still in the planning stage. There is significant uncertainty, and trading of the company's shares will not be suspended. The restructuring is not expected to be completed within 2026, and there will be no impact on the company's 2026 financial data.