*ST Stone Refining: Received restructuring investment of 1.238 billion yuan from restructuring investors.*

*ST Announcement Regarding Restructuring: As of November 20, 2025, the company's management account has received all the restructuring investment funds that all investors should pay, totaling 1.238 billion yuan. All the restructuring investors have already fully paid the restructuring investment funds. In the future, the company will continue to accelerate the various works in the execution stage of the restructuring plan under the supervision of the court and the management.