*ST Mogao announced that the company previously sold idle assets in the new factory area of its branch, Yinma Malt Factory, through public listing. The matter was reviewed and approved by the 9th meeting of the 11th board of directors of the company. Recently, all of the assets sold above have been delivered and the registration procedures for property rights changes have been completed. All payments involved have been paid, and the sale of assets in the new plant area of Yinma Malt Factory has all been completed.

*ST Mogao announced that the company previously sold idle assets in the new factory area of its branch, Yinma Malt Factory, through public listing. The matter was reviewed and approved by the 9th meeting of the 11th board of directors of the company. Recently, all of the assets sold above have been delivered and the registration procedures for property rights changes have been completed. All payments involved have been paid, and the sale of assets in the new plant area of Yinma Malt Factory has all been completed.