ST Jinggu: Inventory inventory of approximately 19 million yuan deficit in a holding subsidiary.

Notice from ST Jinggu: During the mid-year inventory check, the company's holding subsidiary, Tang County Huiyin Wood Industry Co., Ltd., discovered a inventory shortfall of approximately 19 million yuan. After preliminary investigation, it was found that the reason for the shortfall was that Wang Lancun, the director in charge of sales at Huiyin Wood Industry, bypassed the company's internal control system monitoring and normal business approval process, leading to the inventory shortfall during the check. Further investigation revealed that some of the goods were likely to have been sold by Wang Lancun, and the proceeds from the sales had been transferred to his designated personal bank account. As of the date of this announcement, Huiyin Wood Industry has not received the returned inventory or the proceeds from the sale from Wang Lancun.