ST Cuihua: May be subject to delisting risk warning and other risk warnings.

ST Cuihua Announcement, the company may receive an audit report for the 2025 annual financial report from the annual auditor stating that they are unable to express an opinion or denying the opinion, which may trigger the risk of delisting warning. At the same time, if an adverse opinion is issued on the internal controls for the 2025 financial year, it will be added to other risk warning conditions. The announcement stated that the company currently has significant discrepancies between the actual quantity of inventory and the quantity recorded in the financial statements, there are multiple pending lawsuits and some assets are frozen, the cash flow is tight, and there are significant doubts about the company's continued operating capacity. In addition, the company has not provided significant audit evidence related to multiple financial items, which may result in a restricted audit scope and impact the audit conclusion.