*ST Baoxin announced that the 10.12 million shares held by Jiangsu Liqing, the controlling shareholder of the company, have completed transfer registration as of September 18, 2026 after being judicially auctioned. After this change, Jiangsu Liqing's shareholding ratio fell from 25.71% to 24.30%; the total shareholding ratio of Jiangsu Liqing and Nanjing Yuhong, who acted with them, fell from 26.07% to 24.66%. The equity change hit a 1% scale and a 5% integer multiple. This change is a passive reduction in holdings due to a judicial auction and will not result in a change in the company's control.

*ST Baoxin announced that the 10.12 million shares held by Jiangsu Liqing, the controlling shareholder of the company, have completed transfer registration as of September 18, 2026 after being judicially auctioned. After this change, Jiangsu Liqing's shareholding ratio fell from 25.71% to 24.30%; the total shareholding ratio of Jiangsu Liqing and Nanjing Yuhong, who acted with them, fell from 26.07% to 24.66%. The equity change hit a 1% scale and a 5% integer multiple. This change is a passive reduction in holdings due to a judicial auction and will not result in a change in the company's control.