: The company's stock will be subject to delisting risk warning on April 29th.

The announcement of Lianxiang shares stated that if the total profit, net profit, or net profit after deducting non-recurring gains and losses audited for the year 2025 is negative, and if the operating income after deducting business income unrelated to the main business and income without commercial substance is less than 300 million yuan, the company's stock will be subject to delisting risk warning after the disclosure of the 2025 annual report. The company's stock will be suspended for 1 day on April 28, 2026, and will be subject to delisting risk warning starting from April 29, 2026. After being subject to delisting risk warning, the company's stock will be traded on the risk warning board, and the daily limit on the price fluctuation of the company's stock will be 5%.