*ST Cuihua announced that due to tight liquidity, Shenzhen Cuihua Jewelry Co., Ltd., a wholly-owned subsidiary of the company, two new loans were overdue, with an overdue principal amount of 64.22 million yuan. As of the date of disclosure of the announcement, the cumulative overdue principal amount of loans from the company and its subsidiaries was $1,136 billion. The above overdue amounts do not include overdue interest, penalties, late fees, etc. The company and its subsidiaries may bear the costs of penalties, late fees, etc., or face the risk of litigation, arbitration, and reduced financing capacity. The company is communicating with creditors, promoting loan rollover, increasing collection of accounts receivable, and striving to gradually resolve overdue debts.

*ST Cuihua announced that due to tight liquidity, Shenzhen Cuihua Jewelry Co., Ltd., a wholly-owned subsidiary of the company, two new loans were overdue, with an overdue principal amount of 64.22 million yuan. As of the date of disclosure of the announcement, the cumulative overdue principal amount of loans from the company and its subsidiaries was $1,136 billion. The above overdue amounts do not include overdue interest, penalties, late fees, etc. The company and its subsidiaries may bear the costs of penalties, late fees, etc., or face the risk of litigation, arbitration, and reduced financing capacity. The company is communicating with creditors, promoting loan rollover, increasing collection of accounts receivable, and striving to gradually resolve overdue debts.