Shengtai Group: Yageer Clothing Plans to Reduce Holding by No More Than 3%

Shengtai Group Announcement: Shareholder Yageer Fashion Holdings Limited holds 70.0792 million unrestricted tradable shares of the company, accounting for 12.61% of the total share capital. Yageer Fashion plans to reduce its holdings through centralized bidding transactions not exceeding 5.5557 million shares, accounting for 1% of the total share capital, within 3 months after the announcement of this reduction plan, starting from the date of the announcement and over a period of 15 trading days; Through block trading transactions, not exceeding 11.1114 million shares, accounting for 2% of the total share capital, totaling not more than 16.6671 million shares, accounting for 3% of the total share capital.