ST Longyuan: Ningbo Kaihai proposes a tender offer to acquire 6% of the shares and the stock will resume trading.

ST Longyuan Announcement: The company had previously received notice from relevant parties planning major matters involving the company. The stock was suspended from trading for five trading days from July 3 to July 9, 2026. During the suspension period, the company received a summary of the "Tender Offer Report" from Ningbo Kaihai Self-Owned Capital Investment Development Co., Ltd. Ningbo Kaihai intends to make a partial tender offer to all shareholders of the company, with an offer to purchase 91.786 million shares at a price of 1.25 yuan per share. After the completion of this tender offer, Ningbo Kaihai will hold a maximum of 91.786 million shares of the company, accounting for 6.00% of the total issued shares of the company. Upon application, the company's stock will resume trading on July 10, 2026.