Superstar Technology: Qiu Jianping and his concerted parties collectively holding more than 30% of the shares are exempt from making a mandatory tender offer.

Announcement from Star Technology: The company's controlling shareholder, Star Holdings Group Limited, plans to transfer 3.5 million shares of the company's stock through block trading to Mr. Qiu Jianping, the actual controlling person of the company. After this transfer is completed, Mr. Qiu Jianping and his concerted parties will hold a stake exceeding 30% of the company's issued shares, triggering the obligation to make a tender offer. However, because the transferor and the transferee are concerted parties, this transfer is an internal transfer of shares between the company's controlling shareholder and its partners, which will not result in a change of control. The acquirer is therefore exempt from increasing its stake through a tender offer.