*ST Dongzhi: Plans to publicly list for sale 16 commercial residential units and supporting parking spaces

*ST Dongzhi announced that due to a change in controlling shareholder and adjustments to its business management layout, the relevant properties will no longer be used as employee dormitories at the headquarters. The company plans to sell, through public listing via real estate intermediaries, 16 commercial residential units and 16 supporting underground parking spaces located in Rugao City, Nantong City, Jiangsu Province. The target properties have a total gross floor area of 2,580.37 square meters and a total net book value of RMB 27.1746 million as of September 30, 2026. The initial listing reserve price is proposed at RMB 14.5124 million, and the listing period shall not exceed 12 months from the date of the initial listing. The final transaction price shall be subject to the actual transaction result. This transaction has been deliberated and approved by the company's board of directors, does not need to be submitted to the shareholders' meeting for deliberation, and does not constitute a major asset restructuring. The counterparty to the transaction is not yet determined, and there is uncertainty as to whether the transaction constitutes a related-party transaction.