*ST Hexin announced that the company plans to purchase 56.00% of the shares of Shanghai Liangxi Technology Co., Ltd. held by Wu Ming and Shanghai Yandao Enterprise Management Partnership and raise supporting capital and related transactions by issuing shares and paying cash. The transaction was reviewed by the Shanghai Stock Exchange M&A and Reorganization Review Committee at its 18th review meeting in 2026, and met the restructuring conditions and information disclosure requirements. The transaction still needs to be registered with the China Securities Regulatory Commission before it can be implemented. There is uncertainty about whether consent to registration can be obtained and the time for the registration to be completed.

*ST Hexin announced that the company plans to purchase 56.00% of the shares of Shanghai Liangxi Technology Co., Ltd. held by Wu Ming and Shanghai Yandao Enterprise Management Partnership and raise supporting capital and related transactions by issuing shares and paying cash. The transaction was reviewed by the Shanghai Stock Exchange M&A and Reorganization Review Committee at its 18th review meeting in 2026, and met the restructuring conditions and information disclosure requirements. The transaction still needs to be registered with the China Securities Regulatory Commission before it can be implemented. There is uncertainty about whether consent to registration can be obtained and the time for the registration to be completed.