Shengtai Group announced that Youngor Clothing Holdings Co., Ltd., which holds more than 5% of the shares, holds 77.792 million shares of the company's tradable shares under unlimited sales conditions, accounting for 12.61% of the company's total share capital. Within 3 months after the announcement of this holdings reduction plan, Youngor Apparel plans to reduce its holdings by no more than 5.557 million shares through centralized bidding transactions, accounting for 1% of the company's total share capital; reduce its holdings by no more than 11.1114 million shares through bulk transactions, accounting for 2% of the company's total share capital. In total, it will reduce its holdings by no more than 16.6671 million shares, accounting for 3% of the company's total share capital.

Shengtai Group announced that Youngor Clothing Holdings Co., Ltd., which holds more than 5% of the shares, holds 77.792 million shares of the company's tradable shares under unlimited sales conditions, accounting for 12.61% of the company's total share capital. Within 3 months after the announcement of this holdings reduction plan, Youngor Apparel plans to reduce its holdings by no more than 5.557 million shares through centralized bidding transactions, accounting for 1% of the company's total share capital; reduce its holdings by no more than 11.1114 million shares through bulk transactions, accounting for 2% of the company's total share capital. In total, it will reduce its holdings by no more than 16.6671 million shares, accounting for 3% of the company's total share capital.