Gelonghui announced on April 1, 丨ST Jinshi (002951.SZ). On March 25, 2024, the company disclosed the “Sichuan Jinshi Technology Co., Ltd.'s indicative notice on planning major asset restructuring” to purchase a controlling interest in Qingdao Zhancheng Technology Co., Ltd. (“Qingdao Zhancheng” for short) through cash payment. Now, after careful research and friendly negotiations with relevant counterparties, the company decided to stop planning this major asset restructuring. Since the start of this restructuring, the company and all parties concerned have actively promoted all aspects of this transaction. The parties to the transaction carefully studied and discussed the ongoing market changes and the core terms of the transaction, and decided to terminate the transaction by consensus. Up to now, the parties have not signed relevant intentions or formal agreements on this major asset restructuring matter.