ST Chuangxing: The actual controller of the company has changed to Wang Xiangrong.

ST Chuangxing Announcement: The company's controlling shareholder Huqiao Industry's 67 million shares have been judicially auctioned, accounting for 15.75% of the total share capital. After the auction, Huqiao Industry's shareholding ratio decreased to 8.15%. Pingtan Yuanchu holds a 6.82% shareholding ratio, Wenling Lixin holds 3.06%, Zhong Renzhi holds 3.29%, and Yan Yi holds 2.59%. Wang Xiangrong indirectly controls 9.88% of the company's shares through controlling Pingtan Yuanchu and Wenling Lixin, becoming the actual controller. This change in equity will not have any adverse effects on the company's normal production and operation.