Announcement Regarding Judicial Auction of Part of the Shares Held by Controlling Shareholder and Actual Controller

ST Hengxin Co., Ltd.·August 13, 2026·4 pages

✨ AI Summary

This announcement details a judicial auction of 12,500,000 shares of Hengxin Oriental held by controlling shareholder Meng Xianmin. This auction, if successful, will reduce his stake to 8.27%. Combined with a previous auction, his stake could fall to 6.36%. The company states this does not currently impact operations but could affect control if further auctions occur.

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Full Translation

AI Translation· gemini_document

Securities Code: 300081

Securities Abbreviation: ST Hengxin

Announcement Number: 2026-057

Hengxin Oriental Culture Co., Ltd.

Announcement Regarding Judicial Auction of Part of the Shares Held by Controlling Shareholder and Actual Controller

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Special Risk Warning:

The subject of the proposed judicial auction is 12,500,000 shares of Hengxin Oriental Culture Co., Ltd. (hereinafter referred to as "Hengxin Oriental" or the "Company") held by the controlling shareholder and actual controller, Mr. Meng Xianmin. This represents 19.99% of his current holdings and 2.07% of the Company's total share capital. If this judicial auction is successful and the transfer registration is completed, Mr. Meng Xianmin's shareholding will decrease from 62,544,821 shares to 50,044,821 shares, reducing his proportion of the Company's total share capital from 10.34% to 8.27%.

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