SHENGTONG: The shares of the controlling shareholder and actual controller have all been released from pledge

SHENGTONG announced that the shares held by the company's controlling shareholder and actual controller, Ms. Li Yanqiu, have all been released from pledge. As of the date of this announcement, Ms. Li Yanqiu holds a total of 104 million shares of the company, accounting for 19.43% of the company's total share capital, with pledged shares being 0, accounting for 0.00% of the company's total share capital. This release of pledge does not affect the company's control and will not have a substantial impact on the company's production operations and corporate governance