*ST E-Link announced that Hangzhou Zhejiang Yilian Business Management Partnership, the controlling shareholder of the company, pledged 27.5 million shares of the company's shares to the Jiaxing branch of Industrial Bank Co., Ltd., and there is a risk of liquidation. As of the disclosure date of this announcement, the borrower is taking countermeasures. In the future, if the borrower is unable to repay the debt, the Jiaxing branch of Industrial Bank will forcibly close the position. If the above shares are forcibly liquidated, it will not result in a change in the company's control.

*ST E-Link announced that Hangzhou Zhejiang Yilian Business Management Partnership, the controlling shareholder of the company, pledged 27.5 million shares of the company's shares to the Jiaxing branch of Industrial Bank Co., Ltd., and there is a risk of liquidation. As of the disclosure date of this announcement, the borrower is taking countermeasures. In the future, if the borrower is unable to repay the debt, the Jiaxing branch of Industrial Bank will forcibly close the position. If the above shares are forcibly liquidated, it will not result in a change in the company's control.