ST Rock: The company's stock may be delisted due to a market value of less than 500 million yuan.

ST Rock Announcement: The closing price of the company's stock on April 3, 2026 was 1.49 yuan/share, with a market value of 4.98 billion yuan, falling below 5 billion yuan for the first time. According to the relevant provisions of the Shanghai Stock Exchange Listing Rules, there is a risk that the company's stock may be delisted due to a market value below 5 billion yuan. At the same time, the company expects that the operating income for fiscal year 2025 will be less than 3 billion yuan and that both pre- and post-deduction net profit will be negative. If the issues raised in the 2024 audit report with reservations are not resolved, there is significant uncertainty. The company's stock will be delisted due to triggering financial delisting conditions.