ST Rongtai: 154 million shares of the controlling shareholder have been frozen by the judicial authority.

ST Winbond announced that the company recently received a notice that its controlling shareholder, Win Tianxia, had 153,946,037 shares of the company frozen by the judiciary, accounting for 100% of the shares held by it and 12.37% of the total share capital of the company. This judicial freeze was triggered by a contract dispute arbitration case between Win Tianxia, its actual controller Zhang Xuezheng, and Jiang Zhaobai. Currently, the company's production, operation, and management are normal, and this matter will not have any impact on the company's normal operations, corporate governance, and control rights.