The controlling shareholder of *ST Zhongzhuang's shareholding ratio has dropped to 16.44%, but the control has not changed

On September 15, 2025, *ST Zhongzhuang announced that the actual controllers Zhuang Xiaohong and Zhuang Zhannuo experienced a change in shareholding ratio due to the judicial auction of shares and the conversion of convertible bonds into shares, which touched an integer multiple of 1%. From September 4 to 12, the conversion of "Zhongzhuang Convertible Bond 2" increased the total share capital from 888,863,632 shares to 920,907,012 shares, and the transfer of 2.6 million shares auctioned from Zhuang Zhannuo was completed. Their shareholding decreased from 17.32% to 16.44%. This change in equity will not result in a change in the company's controlling shareholder and actual controller, nor will it affect the company's governance and operations. The company will continue to ensure proper information disclosure