Gelonghui July 23 丨*ST Global (600146.SH)It was announced that as of the date of this announcement, Jiangsu Longming Management Consulting Co., Ltd. (formerly Jiangsu Longming Investment Co., Ltd., hereinafter referred to as “Jiangsu Longming Company”), a shareholder of more than 5% of the company's shares, held 297.9964 million shares of the company, accounting for 6.34% of the company's total share capital; a total of 297.9964 million shares were pledged, accounting for 100% of the company's shares, of whichPacific SecuritiesThe number of shares pledged under the “Pacific Securities Wanxiang No. 1 Targeted Asset Management Plan” managed by the company and Pacific Securities Company was 187.992 million shares and 10.9972 million shares respectively, accounting for 63.09% and 36.91% of the company's shares, respectively.

The company learned today that due to the default of stock pledged repurchase transactions handled by Jiangsu Longming Company under Plan No. 1 managed by Pacific Securities Company and Pacific Securities Company, Pacific Securities Company plans to close and dispose of 10.9972 million shares (2.34% of the company's total share capital) through centralized bidding transactions or bulk transactions in the secondary market within 3 months from the date of disclosure of this announcement (August 15, 2020 to November 12, 2020). Among them, centralized bidding transactions in the secondary market did not exceed 4.6997 million shares (accounting for 1% of the company's total share capital), and no more than 9.3994 million shares were traded in bulk (accounting for 2% of the company's total share capital).