ST Rendong: The percentage of shares to be transferred to the special account for the disposal of assets of bankrupt enterprises is expected to be reduced to below 5%.

ST Rendong announced that on December 30, 2024, the Guangzhou Intermediate People's Court accepted the company's restructuring, and on February 18, 2025, it approved the restructuring plan. Based on a total share capital of 559,936,650 shares, every 10 shares will be converted into 10.186063 shares, totaling 570,355,007 shares to be used for debt repayment and bringing in investors. On March 10, 2026, 2,583,743 shares were transferred to creditors from a dedicated account, accounting for 0.2286% of the total share capital. After the transfer, the remaining shares to be transferred from the dedicated account are 56,507,669 shares, accounting for 4.9994% of the total share capital.