ST SGSG: Plans to acquire 51% equity of Yizhengtong for 29.07 million yuan

*ST SGSG announced that the company plans to use its own funds of 29.07 million yuan to acquire 51% equity of Nanjing Yizhengtong Information Technology Co., Ltd. The transaction price is based on the assessed value of Yizhengtong's shareholders' equity as of June 30, 2025, and is determined through negotiation between both parties. Upon completion of the transaction, Yizhengtong will become a controlling subsidiary of *ST SGSG and will be included in the consolidated financial statements. This transaction has been approved by the company's board of directors and supervisory board and does not require submission to the shareholders' meeting for approval. Ma Shengdong, as the original shareholder of Yizhengtong, undertakes performance commitment obligations, promising that the operating income and net profit from 2025 to 2027 will meet certain standards. This transaction does not constitute a related party transaction or a major asset reorganization