Shengtong Stock: Controlling shareholder and actual controller's shares have all been released from pledge.

Announcement of Shengtong Co., Ltd.: The company's controlling shareholder and actual controller, Ms. Li Yanqiu, has fully released the pledge on the company's shares. As of the disclosure date of this announcement, Ms. Li Yanqiu holds a total of 104 million shares of the company, accounting for 19.43% of the total share capital, of which the pledged shares are 0 shares, accounting for 0.00% of the total share capital. This release of pledge does not affect the company's controlling rights, and will not have a substantial impact on the company's production, operation, and corporate governance.