Bangjie Group: Stock may be subject to a risk warning after the release of the 2025 annual report.

Bangjie Group announced that, according to preliminary calculations by the financial department, it is estimated that the net assets attributable to the shareholders of the listed company at the end of 2025 will be between -9.00 billion and -6.00 billion RMB, and the net profit attributable to the shareholders of the listed company in 2025 will be between -12.00 billion and -9.00 billion RMB. If the audited net assets at the end of 2025 are negative, the company's stock trading will be subject to delisting risk warning after the annual report is disclosed; if the lower of the non-recurring pre- and post-tax profits for 2025 is negative and an audit report with a paragraph on uncertainty about the company's ability to continue operating is issued in the annual report, other risk warnings will be implemented; if both are triggered simultaneously, they will be implemented cumulatively. The final decision will be based on the 2025 annual audit report.