ST Cuhu: Part of the shares held by shareholders with more than 5% of the shares are subject to a freeze by rotation.

ST Cuibao announced that recently, shareholders holding more than 5% of the shares, Shenzhen Cuizi, and its persons acting in concert, Guo Yingjie and Guo Yuchun, had some of their shares put under judicial freeze. Shenzhen Cuizi had 16.7226 million shares, Guo Yingjie had 9.8928 million shares, and Guo Yuchun had 4.59 million shares put under judicial freeze. The reasons for the judicial freeze were, firstly, the company's bank loans were overdue, and the shareholders provided joint liability guarantees for credit financing, with creditors applying for litigation preservation; and secondly, related business matters of the shareholders themselves. As of the announcement date, a total of 31.2054 million shares of the shareholders had been judicially frozen, with a total of 37 cases of judicial freezes occurring. The shareholders are not controlling shareholders or the actual controllers of the company, and the share freeze will not result in a change in control of the company, and will not affect the company's production and operations.