Qingdao Sentury Tire announced that the company's actual controller, chairman Qin Long, sold 30,500 "Qilin convertible bonds" he held on April 19, 2024, and bought 103,270 and 57,160 shares of the company's convertible bonds on July 3 and July 4, 2024, respectively. The time interval for these sell and buy transactions did not exceed 6 months, constituting short-term trading. Qin Long has committed not to sell his 160,430 shares of "Qilin convertible bonds" in any way within 12 months from the date of purchase. On November 29, 2024, Qin Long received the "Notice of Case Filing" issued by the China Securities Regulatory Commission, due to suspected short-term trading. Currently, all of the company's production and operational activities are progressing normally and in an orderly manner.