*ST Zhongyan announced that the company held the 31st interim meeting of the 5th board of directors on July 17, 2026 to review and pass the “Proposal on Intended Application to the Court for Reorganization and Pre-Reorganization”. According to the “2026 First Quarter Report”, as of March 31, 2026, the company's balance of cash and cash equivalents at the end of the period was about $221 million, short-term loans were about $346 million, and non-current liabilities due within one year were about $1,072 million. The company plans to apply to the Chengdu Intermediate People's Court for pre-restructuring and restructuring on the grounds that monetary funds are unable to pay maturing debts but have restructuring value. The matter has yet to be reviewed by the shareholders' meeting.

*ST Zhongyan announced that the company held the 31st interim meeting of the 5th board of directors on July 17, 2026 to review and pass the “Proposal on Intended Application to the Court for Reorganization and Pre-Reorganization”. According to the “2026 First Quarter Report”, as of March 31, 2026, the company's balance of cash and cash equivalents at the end of the period was about $221 million, short-term loans were about $346 million, and non-current liabilities due within one year were about $1,072 million. The company plans to apply to the Chengdu Intermediate People's Court for pre-restructuring and restructuring on the grounds that monetary funds are unable to pay maturing debts but have restructuring value. The matter has yet to be reviewed by the shareholders' meeting.