ST CDT's shareholders holding more than 5% of the shares had some of their shares auctioned off judicially but failed to sell

On September 30, 2025, CDT announced that its shareholder Fan Li, who holds more than 5% of the company's shares, had 67,557,299 shares publicly auctioned on the JD.com judicial auction platform from September 29 to 30, which went unsold due to no bids. These shares account for 99.9953% of the total shares held by Fan Li and 10.53% of the company's total share capital. As of the announcement date, Fan Li holds 67,560,450 shares of the company, accounting for 10.53% of the total share capital. There is uncertainty regarding whether the auctioned shares will be subject to further judicial procedures by the court. In addition, the company is under investigation for violations related to regular reporting and information disclosure, and if it involves significant illegal activities, it may face mandatory delisting. This unsold auction does not have a significant adverse impact on the company's production and operations