ST Fuhua announced that the judicial auction of 7.8 million shares held by Shangke Technology, the non-controlling shareholder of the company, was successful, accounting for 11.2706% of its shares and 1.1482% of the company's total share capital. The transaction amount was 347.88 million yuan. The bidder was Wei Wei. As of the disclosure date of the announcement, Shangke Technology held 69.2065 million shares of the company, accounting for 10.1872% of the total share capital, and 100% of its shares were frozen. If the shares in this auction are transferred, Shangke Technology's shareholding ratio will drop to 9.0391%. This auction will not cause a change in the company's control, will not affect the company's daily operations, and there is still uncertainty about subsequent share transfers.

ST Fuhua announced that the judicial auction of 7.8 million shares held by Shangke Technology, the non-controlling shareholder of the company, was successful, accounting for 11.2706% of its shares and 1.1482% of the company's total share capital. The transaction amount was 347.88 million yuan. The bidder was Wei Wei. As of the disclosure date of the announcement, Shangke Technology held 69.2065 million shares of the company, accounting for 10.1872% of the total share capital, and 100% of its shares were frozen. If the shares in this auction are transferred, Shangke Technology's shareholding ratio will drop to 9.0391%. This auction will not cause a change in the company's control, will not affect the company's daily operations, and there is still uncertainty about subsequent share transfers.