ST Permanent: Chairman Liu Rong resigns for health reasons.

Announcement: Due to health reasons, Chairman Liu Rong needs treatment and rest, and has submitted his resignation, resigning from the positions of Chairman and Director, and will not hold any position in the company after his resignation. As of the disclosure date of this announcement, Liu Rong does not hold any shares of the company. The Board of Directors has passed a resolution to elect Gao Zhong as a candidate for non-independent director, with a term from the date of shareholder meeting approval until the expiration of the Sixth Board of Directors.