ST Chengchang: Disclosure of the risk warning of possible delisting of stocks and performance forecast for 2025

ST Chengchang announced that the audited net profit for the year 2024 was negative, and the revenue after deduction was less than 300 million yuan. The company's stock will be subject to delisting risk warning from April 24, 2025. If the conditions specified in the "Shenzhen Stock Exchange Stock Listing Rules" for the year 2025 are met, the stock will face the risk of delisting. This is the first risk alert announcement. In addition, the company plans to change the accounting firm, which requires approval by the shareholders' meeting. The 2025 performance forecast shows that the revenue after deduction is between 380 million and 435 million yuan, with a net profit of 95 million to 124 million yuan, non-GAAP net profit of 89 million to 115 million yuan, and year-end net assets of 1.452 billion to 1.541 billion yuan.