ST Gengxing: Controlling shareholder plans to increase holdings by 30-60 million yuan.

ST Gengxing Announcement: The controlling shareholder Zhejiang Haixin intends to increase its stake in the company through the Shanghai Stock Exchange trading system within 6 months from the date of the announcement, with a planned investment of no less than 30 million RMB and no more than 60 million RMB. As of the announcement date, Zhejiang Haixin holds 55.50 million shares of the company, accounting for 24.10% of the total share capital. There is no specific price range for this increase plan, and the funds will be sourced from its own funds or self-raised funds.