*ST Ningke: After the implementation of the restructuring plan, there may be a significant downward adjustment in the stock price due to ex-rights.

*ST Ningke Announcement: As of the disclosure date of this announcement, the company has entered the reorganization plan implementation stage. According to the company's preliminary calculations, it is expected that after the implementation of the reorganization plan, the stock price may undergo a significant downward adjustment, and the specific situation is subject to the company's subsequent announcements. Based on the company's estimated stock closing price on December 3, 2025, there is a risk that the company's stock price may decrease by approximately 30% after the adjustment, specific to the actual situation at that time.