*ST Niya announced that the company's board of directors reviewed and passed a bill to cancel the wholly-owned subsidiary Xinjiang Niya Trading Co., Ltd. through absorption and merger. The matter did not involve a related transaction, did not constitute a major asset restructuring, and did not need to be submitted to the shareholders' meeting for review. Xinjiang Niya has a registered capital of 210,000 yuan, and the company holds 100% of its shares; as of December 31, 2025, it had total assets of 269.7775 million yuan, net assets of 1004.677 million yuan, and a net loss of 10.5362 million yuan in 2025. The purpose of this cancellation is to optimize the management structure and integrate internal resources, and will not adversely affect the company's consolidated statements and business development.

*ST Niya announced that the company's board of directors reviewed and passed a bill to cancel the wholly-owned subsidiary Xinjiang Niya Trading Co., Ltd. through absorption and merger. The matter did not involve a related transaction, did not constitute a major asset restructuring, and did not need to be submitted to the shareholders' meeting for review. Xinjiang Niya has a registered capital of 210,000 yuan, and the company holds 100% of its shares; as of December 31, 2025, it had total assets of 269.7775 million yuan, net assets of 1004.677 million yuan, and a net loss of 10.5362 million yuan in 2025. The purpose of this cancellation is to optimize the management structure and integrate internal resources, and will not adversely affect the company's consolidated statements and business development.