ST Jinggu: Intends to transfer equity of subsidiary, will not convene shareholders' meeting to consider restructuring matters for the time being.

ST Jinggu announced that the company intends to transfer 51% equity of Tangxian Huiyin Wood Industry to controlling shareholder Zhou Dafu through cash transaction, and this transaction constitutes a significant asset restructuring. Based on the overall work arrangement, the board of directors intends to temporarily not convene a shareholders' meeting. After the relevant work is completed, a separate notice will be issued to submit the transaction-related proposals to the shareholders' meeting for approval.