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*ST He Xin: Received the Shanghai Stock Exchange's notice to resume review of the issuance of shares and payment of cash to purchase assets

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*ST Hexin Announcement, the company previously disclosed plans to issue shares and pay cash to purchase a total of 56.00% equity stake in Shanghai Liangxi Technology Co., Ltd. held by Wu Ming, Shanghai Yandao Enterprise Management Partnership (Limited Partnership), and other transaction counterparts, as well as to raise supporting funds. Due to expired financial data, the Shanghai Stock Exchange suspended the review of this transaction on March 31, 2026. As of now, the company and all intermediary agencies have completed updates to the target company's financial data, as well as extended audits and evaluations. The company has applied to the Shanghai Stock Exchange to resume the review, and on May 29, 2026, received a notice from the Shanghai Stock Exchange approving the resumption of the review. This transaction still requires approval from the Shanghai Stock Exchange and registration approval from the China Securities Regulatory Commission before it can be implemented.
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