Announcement on the Progress of Major Asset Sale Disclosure

ST Meichen Co., Ltd.·June 8, 2026·2 pages

✨ AI Summary

This announcement details the progress following the proposal for the sale of major assets by Shandong Meichan Technology Group Co., Ltd. The company plans to sell 100% equity of its subsidiary. The announcement outlines the necessary procedures and evaluations required for the transaction, emphasizing compliance with legal regulations.

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Full Translation

AI Translation· azure_openai

Special Instructions:

Shandong Meichan Technology Group Co., Ltd. (hereinafter referred to as "the Company") has proposed a public agreement to sell 100% equity of its subsidiary, Shandong Meichan Stone Group Co., Ltd. (hereinafter referred to as "the Stone Group"). Upon completion of the transaction, the Company will no longer hold shares in the Stone Group.

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