ST Huifeng: Intends to transfer 3.9% equity of Dafeng Rural Commercial Bank for 110 million yuan.

ST Huifeng announced that the company held a board meeting on March 4, 2026, and agreed to transfer 3.9% of its shares in Dafeng Agricultural and Commercial Bank to Haicheng Industries for 110 million yuan. This transaction does not constitute a major asset restructuring or related party transaction and does not require approval by the shareholders' meeting. After the transaction is completed, the company will still hold 1.7903% of the shares of Dafeng Agricultural and Commercial Bank. The transfer of shares can enhance the company's liquidity and will not have a significant impact on the current profit and loss. The agreement will only take effect after meeting several conditions.