ST Xinhua Jin: Unfinished rectification of fund occupation may face delisting risk when stock is suspended.

ST Xinhua Jin announced that as of the disclosure date of the announcement, Xinhua Jin Group and its related parties have not repaid the funds used, and the solution to the fund usage has not been determined. Lu Jin Group and Xinhua Jin Group have been ordered by the court to accept bankruptcy reorganization, and there is a risk of low repayment rate and inability to fully repay the funds used. The company's stock has been suspended from trading since February 26, 2026, and is expected to resume within 2 months. If the rectification is not completed during the trading suspension period, the Shanghai Stock Exchange will implement a delisting risk warning on the company's stock. If the rectification is still not completed within 2 months after resumption of trading, the stock will be delisted. In addition, the company and its controlling shareholder are under investigation for suspected violations of disclosure regulations.