002731SZSE

Announcement on Risk Warning of Forced Liquidation of Shares Held by Shareholder Exceeding 5% and Change in Equity Below 5%

ST Cuihua Co., Ltd.·

✨ AI Summary

This announcement informs that Ms. Longfeng, a shareholder holding over 5%, faces forced liquidation of 512,400 shares due to margin call, reducing her stake to below 5%. The forced liquidation does not trigger a change in control of the company. The company will monitor further developments regarding potential additional forced liquidations.

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Full Translation

AI Translation· azure_openai

Shenyang Cuihua Gold and Silver Jewelry Co., Ltd.
Securities Code: 002731
Securities Abbreviation: ST Cuihua
Announcement No.: 2026-018

Shenyang Cuihua Gold and Silver Jewelry Co., Ltd. announces the risk warning regarding the forced liquidation of shares held by Ms. Longfeng, a shareholder holding over 5%, and the change in equity below 5% and touching the 1% integer multiple.

Ms. Longfeng, a shareholder holding over 5%, guarantees that the information provided to the company is true, accurate, and complete, without false records, misleading statements, or major omissions. The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

Special Reminder:

  1. Recently, Shenyang Cuihua Gold and Silver Jewelry Co., Ltd. (hereinafter referred to as "the Company") received a notification from Ms. Longfeng regarding the risk of forced liquidation of her shares held in the credit account at Great Wall Securities Co., Ltd. (hereinafter referred to as "Great Wall Securities"). On February 24, 2026, the Company received a notification from Great Wall Securities regarding the forced liquidation results, indicating that Ms. Longfeng's credit account at Great Wall Securities was subject to forced liquidation, resulting in a passive reduction of 512,400 shares of the Company, accounting for 0.20003% of the total shares of the Company. This equity change was triggered by the maintenance guarantee ratio in Ms. Longfeng's credit account falling below the liquidation line, leading to the forced liquidation procedure. This does not trigger a tender offer and will not lead to a change in the Company's controlling shareholder or actual controller.

  2. After this equity change, Ms. Longfeng's shareholding decreased from 13,320,172 shares to 12,807,772 shares, with the holding ratio decreasing from 5.20002% to 4.99999%, falling below 5% and touching the 1% integer multiple. Ms. Longfeng is no longer a shareholder holding over 5% of the Company.

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