ST Yuan Cheng: 8 million shares of stocks failed to be sold.

ST Yuan Cheng announced that 8 million shares held by Mr. Zhu Changren, the controlling shareholder and actual controller of the company, were auctioned off by the court, accounting for 24.41% of his holdings and 2.46% of the company's total share capital. The auction was unsuccessful as there were no bidders. The company stated that this auction will not have a significant adverse impact on its management and operations, nor will it result in a change in the controlling shareholder or actual controller. As of the disclosure date of the announcement, Mr. Zhu Changren holds 32.775 million shares of the company, representing 10.06% of the total shares. The total number of frozen shares held by him is 975,500 shares, accounting for 2.98% of his holdings and 0.30% of the total shares. The total number of shares subject to pending freeze is 26.7731 million shares, representing 81.69% of his holdings and 8.22% of the total shares. The total number of marked shares is 31.8 million shares, accounting for 97.02% of his holdings and 9.76% of the total shares.