ST Dongshi announced that the 36th meeting of the 5th board of directors of the company deliberated and passed the “Proposal to Terminate Part of the Company's Convertible Bond Fund Raising Project” to terminate the “Yunnan Dongfang Fashion New Energy Vehicle Purchase Project” and the “Hubei Dongfang Fashion New Energy Vehicle Purchase Project”, a capital raising investment project by publicly issuing convertible bonds. As of December 30, 2025, the balance of the special fund raised account was 397,200 yuan. The reason for the termination was changes in the external macroeconomic environment and the company's own business conditions. The objective conditions on which the project was implemented have changed significantly, and continuing to advance the project will face greater market uncertainty and business risks. The termination of the project will not affect the commencement of normal business operations.

ST Dongshi announced that the 36th meeting of the 5th board of directors of the company deliberated and passed the “Proposal to Terminate Part of the Company's Convertible Bond Fund Raising Project” to terminate the “Yunnan Dongfang Fashion New Energy Vehicle Purchase Project” and the “Hubei Dongfang Fashion New Energy Vehicle Purchase Project”, a capital raising investment project by publicly issuing convertible bonds. As of December 30, 2025, the balance of the special fund raised account was 397,200 yuan. The reason for the termination was changes in the external macroeconomic environment and the company's own business conditions. The objective conditions on which the project was implemented have changed significantly, and continuing to advance the project will face greater market uncertainty and business risks. The termination of the project will not affect the commencement of normal business operations.