ST Haichen: Abnormal fluctuations in stock trading, there is a risk of delisting.

ST Haiqin announced that the closing price of the company's stock deviated by more than 12% for three consecutive trading days from March 9 to 11, 2026, indicating abnormal fluctuations. Upon self-inspection, the company's operations are normal, and the controlling shareholder and actual controller have no undisclosed major issues to disclose. The company's stock has been subject to delisting risk warnings and other risk warnings since April 29, 2025. If the conditions for revocation are not met or if an application is not made within the specified period, it may be delisted by the stock exchange. On February 27, the company received an "Advance Notice of Administrative Penalty" from the Fujian Regulatory Bureau, and the final outcome is pending.