ST Lianxiang: The agreement for the controlling shareholder to transfer 5% of shares has been terminated.

*ST Lianxiang announced that on March 20, 2026, its controlling shareholder, Bu Xiaohua, intends to transfer 5.1814 million shares to Jin Meihan at a price of 20.36 yuan per share, for a total price of 105 million yuan. On August 11, due to the transferee's failure to timely and fully pay the price, both parties signed the "Share Transfer Termination Agreement," and the original agreement was terminated. The transferor will refund the advance payment without interest. This termination will not affect the companys controlling rights, financial status, or operational situation, and there is no violation or breach of contract. The original equity change report is deemed null and void.