ST Ocean King: Stock trading experiencing severe abnormal fluctuations, potential risk of delisting warning.

ST Haiwang announced that the company's stock had a cumulative deviation of more than 12% from the closing price for three consecutive trading days from May 18th to May 20th, 2026, which was considered abnormal volatility. As of the closing on May 20th, there were four instances of consistent abnormal fluctuations in the same direction within ten consecutive trading days, which was deemed as serious abnormal volatility. After verification, the company's operations are normal and there are no undisclosed matters that should be disclosed. Due to a negative internal control report issued in the 2025 fiscal year, the company's stock has been subject to other risk warnings. If a similar report is issued in the next fiscal year, the company will face the risk of being delisted.