*ST Busen: Yinfeng Digital and Aofei Data have no direct relationship and no business connection

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*ST Bosen announces that the company’s controlling shareholder, Wei Tongchuang, plans to transfer 14.81% of its shares to Guangzhou Yanfeng Digital Technology Co., Ltd. After the transaction is completed, Yanfeng Digital will become the controlling shareholder, and Wang Bo will become the actual controller. The company highlights several risks: First, Yanfeng Digital has no direct relationship or business connection with AoFei Data; second, the transferee commits not to inject assets or restructure within 36 months; third, due to a net loss in 2024 and revenue below 300 million yuan, the company has been issued delisting risk warnings and other risk alerts; fourth, if the 2025 audit triggers delisting conditions, the transferee can unilaterally terminate the transaction; fifth, the 2025 performance forecast shows revenue of approximately 120 million to 170 million yuan and net profit of about 9 million to 13 million yuan, but as it is unaudited, there remains a risk of delisting. This transaction is subject to approval by the Shenzhen Stock Exchange and share transfer, and there are significant uncertainties.

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