*ST Baoxin announced that the 4.5 million shares of the company's controlling shareholder, Jiangsu Liqing Integrated Circuit Technology Co., Ltd., were transferred due to judicial auctions, resulting in its combined shareholding ratio with Nanjing Yuhong Equity Investment Co., Ltd. falling from 20.36% to 19.74%, hitting a 5% integer scale. This was a passive reduction in holdings, which did not result in a change in the controlling shareholder or actual controller of the company. As of the signing date of this report, all shares held by both parties have been judicially frozen, and some shares will be judicially auctioned one after another in the next 12 months.

*ST Baoxin announced that the 4.5 million shares of the company's controlling shareholder, Jiangsu Liqing Integrated Circuit Technology Co., Ltd., were transferred due to judicial auctions, resulting in its combined shareholding ratio with Nanjing Yuhong Equity Investment Co., Ltd. falling from 20.36% to 19.74%, hitting a 5% integer scale. This was a passive reduction in holdings, which did not result in a change in the controlling shareholder or actual controller of the company. As of the signing date of this report, all shares held by both parties have been judicially frozen, and some shares will be judicially auctioned one after another in the next 12 months.