ST Kao: Selling 100% equity of its wholly-owned subsidiary. The transaction price is 1 yuan.

ST Hua King Announcement: The company will transfer 100% equity of its wholly-owned subsidiary Jiangsu Hua King Agricultural Technology Co., Ltd. to Shanghai Yan Yin Technology Equipment Co., Ltd. for a consideration of 1 yuan. This transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring as stipulated in the Management Measures for Major Asset Restructuring of Listed Companies. The transaction has been approved at the 18th meeting of the fifth board of directors of the company and does not require approval from the company's shareholders' meeting. After the completion of the transaction, the company will no longer hold equity in Hua King Agricultural Technology, and Hua King Agricultural Technology will no longer be included in the company's consolidated financial statements.