*ST Hexin announced that Kunshan Guoke Venture Capital Co., Ltd., the shareholder holding 5.22% of the company's shares, plans to reduce its holdings by no more than 704,655 shares through centralized bidding, accounting for 1% of the company's total share capital. The reduction period is from October 8, 2026 to January 7, 2027. The reduction price will be determined according to the market price at the time of implementation. This reduction in holdings comes from shares obtained before the company's IPO. The reason for the reduction is due to the need for asset allocation optimization, capital recovery, etc. There is uncertainty about the implementation of the holdings reduction plan and will not lead to a change in the company's control.

*ST Hexin announced that Kunshan Guoke Venture Capital Co., Ltd., the shareholder holding 5.22% of the company's shares, plans to reduce its holdings by no more than 704,655 shares through centralized bidding, accounting for 1% of the company's total share capital. The reduction period is from October 8, 2026 to January 7, 2027. The reduction price will be determined according to the market price at the time of implementation. This reduction in holdings comes from shares obtained before the company's IPO. The reason for the reduction is due to the need for asset allocation optimization, capital recovery, etc. There is uncertainty about the implementation of the holdings reduction plan and will not lead to a change in the company's control.