ST New Research: Received total restructuring investment funds from all restructuring investors amounting to 2.239 billion yuan.

ST Research Announcement: On the evening of December 18, 2025, the company received a notice from the restructuring manager that the manager's account has received the total restructuring investment funds paid by all restructuring investors, totaling 2.239 billion yuan. Prior to this, during the pre-restructuring period, the company signed a restructuring investment agreement with industrial investors and financial investors, with the total amount of restructuring investment funds that the restructuring investors should pay amounting to 2.239 billion yuan.