Shentong Technology: Changes in shareholders' equity trigger the 1% threshold.

Shen Tong Technology announcement, the controlling shareholder and its concerted action parties reduced their holdings of the company's shares by 4.048 million shares through block trading from September 1, 2025 to September 11, 2025, resulting in the total share capital of the company changing from 431 million shares to 432 million shares. In addition, from August 15, 2025 to September 11, 2025, a total of 74,150 restricted shares under the company's 2023 Restricted Stock and Stock Option Incentive Plan were exercised and transferred, and 1.1587 million shares of "Shen Tong Convertible Bonds" were converted. The above changes resulted in the concerted action parties collectively holding a proportion of the company's shares from 74.92% to 73.77%, with a change in equity touching the 1% threshold.