Kangqiang Electronics: A 5% shareholder had their shares auctioned off in a judicial sale, and the transfer of all shares has been completed.

Kangqiang Electronics announced that on September 11, 2025, the Intermediate People's Court of Qingdao City, Shandong Province, ruled to auction off 18.7643 million shares held by China Resources Trust. It was recently found through inquiry that 1 million shares held by them were transferred on December 3. As of the disclosure date of the announcement, all the shares auctioned by the judicial process had been transferred, and the shareholder no longer holds any shares. This matter will not have a significant impact on the company's governance structure and continuous operations.