ST Huawen: The average price of capital reserve capital conversion for Company restructuring is 2.41 yuan per share.

ST Huawen announcement: On April 29, 2026, the company received the "Civil Judgment" issued by the Haikou Intermediate People's Court, approving the restructuring plan of Huawen Media Investment Group Co., Ltd. and terminating the restructuring process of Huawen Group. This restructuring plan involves the capital reserve fund being converted into shares, with the current total shares of Huawen Group of 1.997 billion shares as the base, and implementing a 12-for-10 bonus share issue ratio, totaling an additional 2.397 billion shares. After the conversion, the total shares of Huawen Group will increase to 4.394 billion shares. According to calculations, the average price of this restructuring company's capital reserve fund conversion into shares is 2.41 yuan per share.