ST Kaiyuan: The transfer of part of the company's shares held by controlling shareholder Jiang Yong and its concerted action taker Jiang Sheng through judicial auction has been completed, and the shareholding ratio has changed to 10.78%.

Announcement from ST Kaiyuan: Mr. Jiang Yong, the controlling shareholder and actual controller of the company, has completed the transfer of 2.1 million shares of the company's stock, and his concerted action person, Mr. Jiang Sheng, has completed the transfer of 2.145 million shares of the company's stock through judicial auction procedures. After the completion of this judicial auction of equity transfer, the proportion of shares held by Mr. Jiang Yong, the controlling shareholder and actual controller of the company, and his concerted action person will change from the original 11.84% to 10.78%.