ST Meike announced that the controlling shareholder Meike Group holds 33.99% of the company's shares and has all pledges frozen. On July 21, 2026, Meike Group and its management signed a restructuring investment agreement. After implementation, the company's controlling shareholder and actual controller will change. After implementation, Xiaomai Investment plans to obtain 51% of the shares in Meike Group after the restructuring, while subscribing for 368 million shares of the company's capital reserve to increase shares, accounting for 12.72% of the total share capital. There is uncertainty about the restructuring of the Meike Group and whether the court will accept the company's restructuring application. If the company fails to restructure, it will face the risk of delisting.

ST Meike announced that the controlling shareholder Meike Group holds 33.99% of the company's shares and has all pledges frozen. On July 21, 2026, Meike Group and its management signed a restructuring investment agreement. After implementation, the company's controlling shareholder and actual controller will change. After implementation, Xiaomai Investment plans to obtain 51% of the shares in Meike Group after the restructuring, while subscribing for 368 million shares of the company's capital reserve to increase shares, accounting for 12.72% of the total share capital. There is uncertainty about the restructuring of the Meike Group and whether the court will accept the company's restructuring application. If the company fails to restructure, it will face the risk of delisting.