ST Zhanggu: Intends to downwardly revise the conversion price of "Zhanggu convertible bonds".

Announcement by ST Zhanggu: As of April 27, 2026, the company's stock price has shown a situation where the closing price has been lower than 85% of the current conversion price for at least fifteen trading days out of the last thirty consecutive trading days, triggering the downward revision condition of the conversion price of "Zhanggu Convertible Bonds." Following deliberation and approval by the 7th meeting of the 6th board of directors, the board of directors of the company proposes to downwardly revise the conversion price of "Zhanggu Convertible Bonds." The proposal to downwardly revise the conversion price of "Zhanggu Convertible Bonds" still needs to be submitted for approval by the company's shareholders' meeting.