ST Joint: Intends to purchase part or all of the equity of Runtian Industry, stock trading suspended.

Joint Announcement of ST Company: Due to the planned issuance of shares and payment of cash to purchase part or all of the equity of Jiangxi Runtian Industrial Co., Ltd. and to raise supporting funds, the trading of company's stocks will be suspended from May 15, 2025. The expected suspension period will not exceed 10 trading days. The transaction is expected to constitute a significant asset restructuring as defined in the "Regulations on Major Asset Restructuring of Listed Companies", which will not result in a change of the actual controller of the company and will not constitute a restructuring for listing. The transaction parties include Jiangxi Maitong Health Drink Development Co., Ltd. and Jiangxi Runtian Investment Management Co., Ltd., and the transaction method has not yet been determined. The company will actively promote various work and fulfill information disclosure obligations in a timely manner.