ST Bushen: Intends to extend a loan of 6.99 million yuan to related parties and obtain interest exemption.

*ST Bushen announced that the company held a board meeting on January 22, 2026, and approved a proposal to extend loans to related parties. An application was made to extend a loan of 4.5 million yuan to Xianhua Real Estate until September 30, 2026, and a loan of 2.99 million yuan to Shaanxi Zhongjiang until the same date. The interest rate for the extended loans is 2.1% per year, and all interest for the years 2024-2025 is waived. Xianhua Real Estate is a company controlled by former director Ai Shaoyuan, and Shaanxi Zhongjiang is a major shareholder. This transaction constitutes a related party transaction but does not constitute a major asset restructuring and does not require approval by the shareholders' meeting.