ST Zhang shares: The company is increasing its share capital through the conversion of capital reserves. The stock is suspended.

*ST Zhang shares announcement, the company's stock will be suspended for one trading day starting from December 26, 2025, and will resume trading starting from December 29, 2025. According to the reorganization plan approved by the Intermediate People's Court of Zhangjiajie City, Hunan Province, the company will increase its share capital by converting capital reserve into share capital, with a ratio of 10 new shares for every 10 existing shares, increasing the total share capital to 810 million shares. The record date for shareholding is December 26, 2025, and the listing date for the increased share capital is December 29, 2025.