ST Matsufa: The major asset restructuring has been completed, and the main business has been changed to ships and high-end equipment.

ST Matsuhair issued an announcement on November 12th, stating that the company's stock has experienced abnormal fluctuations in trading prices for three consecutive trading days, with a cumulative deviation exceeding 12%. The company's major asset restructuring has been completed this year, with its main business transitioning from ceramics manufacturing to research, development, production, and sales of ships and high-end equipment. Upon self-inspection, the company has confirmed that its production and operation activities are currently normal and that there are no major undisclosed information that should be disclosed.