*ST Shijin: Application for pre-reorganization by creditors, the court has filed a case for review.*

ST Corporation announced that it has received a notification from the Suzhou Intermediate People's Court, in which creditor Changshu Shanmu Electric Appliances has applied for a pre-reorganization of the company on the grounds that the company is unable to repay its due debts and lacks clear repayment capabilities, but has restructuring value. The court has accepted the case for review as of May 8, 2026. There is uncertainty as to whether the application will be accepted, and whether the company can enter into pre-reorganization or restructuring procedures. If the restructuring fails, the company faces the risk of bankruptcy and delisting of its stock.