*ST Beauty Valley announced that on the evening of December 16, the company received the “Civil Ruling” served by the Xiangyang Intermediate Court, and the court ruled to approve the “Aoyuan Beauty Valley Technology Co., Ltd. Reorganization Plan” and terminated the company's restructuring process. Earlier, on November 14, the court ruled to accept the creditors' application for restructuring the company and appoint a manager; on December 15, both the creditors' meeting and the funders' group meeting voted to pass the relevant plan. After approval of the ruling, the company will enter the implementation stage of the restructuring plan. If successfully implemented, it will improve the company's situation and have a significant impact on the 2025 financial indicators. However, the company still faces risks such as bankruptcy, termination of listing, and execution of agreements.

*ST Beauty Valley announced that on the evening of December 16, the company received the “Civil Ruling” served by the Xiangyang Intermediate Court, and the court ruled to approve the “Aoyuan Beauty Valley Technology Co., Ltd. Reorganization Plan” and terminated the company's restructuring process. Earlier, on November 14, the court ruled to accept the creditors' application for restructuring the company and appoint a manager; on December 15, both the creditors' meeting and the funders' group meeting voted to pass the relevant plan. After approval of the ruling, the company will enter the implementation stage of the restructuring plan. If successfully implemented, it will improve the company's situation and have a significant impact on the 2025 financial indicators. However, the company still faces risks such as bankruptcy, termination of listing, and execution of agreements.