ST Dongshi: Judicial auction of controlling shareholder's shares has been cancelled

ST Dongshi announced that Oriental Fashion Investment, the company's controlling shareholder, holds 6.25 million shares of unrestricted tradable stocks, accounting for approximately 0.87% of the company's total share capital. The judicial auction scheduled for April 25-26, 2025 has been withdrawn. The reason for the withdrawal is that the applicant for execution and other execution creditors have withdrawn their application. As of April 24, 2025, Oriental Fashion Investment holds 16.32% of the company's shares, with a cumulative pledge of 8.41% and a cumulative judicial freeze and mark of 8.41%. The withdrawal of this judicial auction will not have a direct significant impact on the company's production and operation, nor will it result in changes in the company's controlling shareholder and actual controller.