According to *ST Yazhen's announcement, the cumulative increase of the company's stock from the lowest price on April 8, 2025 to the close of trading on December 9, 2025 reached 817.98%, and the company's stock trading 15 times caused abnormal fluctuations in stock trading. The increase in the company's stock was seriously higher than the increase in the industry and the Shanghai Stock Index during the same period, but there have been no major changes in the company's fundamentals. The current trend of the company's stock price has shown the characteristics of excessive market sentiment and irrational speculation. The trading risk is extremely high, and there is a risk of a sharp decline in the short term. Up to now, Mr. Wu Tao, the controlling shareholder of Yazhen Home Furnishing Co., Ltd., has no clear plans to change the company's main business or make major adjustments to the main business within the next 36 months, or a clear plan to sell, merge, joint ventures or cooperate with others of the company and its subsidiaries, or a clear restructuring plan for the company to purchase or replace assets, or plans or arrangements for other assets controlled by the company to be listed under the company's back cover

According to *ST Yazhen's announcement, the cumulative increase of the company's stock from the lowest price on April 8, 2025 to the close of trading on December 9, 2025 reached 817.98%, and the company's stock trading 15 times caused abnormal fluctuations in stock trading. The increase in the company's stock was seriously higher than the increase in the industry and the Shanghai Stock Index during the same period, but there have been no major changes in the company's fundamentals. The current trend of the company's stock price has shown the characteristics of excessive market sentiment and irrational speculation. The trading risk is extremely high, and there is a risk of a sharp decline in the short term. Up to now, Mr. Wu Tao, the controlling shareholder of Yazhen Home Furnishing Co., Ltd., has no clear plans to change the company's main business or make major adjustments to the main business within the next 36 months, or a clear plan to sell, merge, joint ventures or cooperate with others of the company and its subsidiaries, or a clear restructuring plan for the company to purchase or replace assets, or plans or arrangements for other assets controlled by the company to be listed under the company's back cover