ST Huicheng: Intending to publicly transfer 30% equity of Peak Smart for the first time with a minimum offered price of 5.1 million yuan.

*ST Huicheng Announcement: In order to further optimize resource allocation and improve operational efficiency, the company plans to transfer 30% equity of its controlling subsidiary, Fengji Intelligent, through public listing on the Chongqing United Property Rights Exchange. The initial listing price is set at 5.1 million RMB. The equity value involved in this transaction is based on the asset valuation date of May 31, 2025. According to the valuation, the net asset book value of Fengji Intelligent's shareholders' equity is 5.55 million RMB, with a valuation of 14.1917 million RMB. If the transaction is successfully implemented, Fengji Intelligent will no longer be included in the company's consolidated financial statements, while the company will still hold 21.7241% equity. This transaction does not constitute a major asset restructuring, and there is uncertainty regarding the counterparty, transaction price, and transaction results.