*ST Modern announced that in order to optimize the governance system and improve operational efficiency, the company plans to internally integrate the shares of subsidiary companies. The wholly-owned subsidiaries E-Commerce and Kanu International will transfer 90% of the shares in the subsidiary Shannan Trading to the wholly-owned subsidiary Shidan Trading without charge. Since Shidan Trading originally held 10% of Shannan Trading's shares, after integration, these three companies will become 100% owned subsidiaries of Shidan Trading, that is, the company's wholly-owned subsidiary. The matter has been approved by the board of directors. It does not constitute a related transaction or major asset restructuring, and does not involve a change in the scope of the consolidated statement.

*ST Modern announced that in order to optimize the governance system and improve operational efficiency, the company plans to internally integrate the shares of subsidiary companies. The wholly-owned subsidiaries E-Commerce and Kanu International will transfer 90% of the shares in the subsidiary Shannan Trading to the wholly-owned subsidiary Shidan Trading without charge. Since Shidan Trading originally held 10% of Shannan Trading's shares, after integration, these three companies will become 100% owned subsidiaries of Shidan Trading, that is, the company's wholly-owned subsidiary. The matter has been approved by the board of directors. It does not constitute a related transaction or major asset restructuring, and does not involve a change in the scope of the consolidated statement.