Step by step: Shareholders release 689,600 shares of frozen stock.

Announcement from Step High Group: The company shares held by Step High Group, including 680,000 shares and 9,605 shares, have been released from judicial freeze, representing 0.35% and 0.00% of their respective shareholdings and 0.03% and 0.00% of the company's total share capital. The shares released from judicial freeze this time are unrestricted shares, with judicial freeze starting dates of September 19, 2023, and May 27, 2024, and unfreezing dates of May 12, 2025, and May 8, 2025, executed by the People's Court of Yuhu District, Xiangtan City, Hunan Province. As of the disclosure date of this announcement, the cumulative number of company shares held by Step High Group and its concert party Ms. Zhang Haixia, which have been judicially frozen or marked, is 51.9583 million shares, representing 21.19% of their shareholdings and 1.93% of the company's total shares.