ST Wenfeng: Intended changes in the purpose of repurchasing shares and cancellation.

ST Wenfeng announced on May 14th that the company intends to change the purpose of the 39.30 million shares stored in the company's share repurchase special account from "used for employee stock ownership plan" to "used for cancellation and reduction of the company's registered capital." The above-mentioned shares account for 2.13% of the company's current total share capital. After the completion of the cancellation of these shares, the company's total share capital will change from 1.848 billion shares to 1.809 billion shares, and the company's registered capital will change from 1.848 billion yuan to 1.809 billion yuan.