*ST Mubang announced that the company previously reviewed and passed a bill to complete and terminate some fund-raising projects and permanently supplement working capital with savings and remaining funds raised. As of the date of disclosure of the announcement, the company had transferred all of the 0.90,000 yuan balance of the Bank of China's Baotou Jiuyuan Branch and Jiangxi Xianyi Rural Commercial Bank into its own fund accounts to permanently supplement working capital, and completed the sale procedures for the above 2 special accounts, and terminated the corresponding supervisory agreement accordingly. The remaining 6 special fund-raising accounts are still in existence and have been judicially frozen. The company will arrange subsequent account sales plans based on the progress of the case and the unfreezing situation.

*ST Mubang announced that the company previously reviewed and passed a bill to complete and terminate some fund-raising projects and permanently supplement working capital with savings and remaining funds raised. As of the date of disclosure of the announcement, the company had transferred all of the 0.90,000 yuan balance of the Bank of China's Baotou Jiuyuan Branch and Jiangxi Xianyi Rural Commercial Bank into its own fund accounts to permanently supplement working capital, and completed the sale procedures for the above 2 special accounts, and terminated the corresponding supervisory agreement accordingly. The remaining 6 special fund-raising accounts are still in existence and have been judicially frozen. The company will arrange subsequent account sales plans based on the progress of the case and the unfreezing situation.