ST Mei Li: Stock price is experiencing abnormal fluctuations. Currently operating normally and no undisclosed matters requiring disclosure.

*ST Meili announced that the company's stock experienced abnormal fluctuations, with the closing price deviating by more than 12% for three consecutive trading days from May 25th to May 27th, 2026. Upon self-inspection, the company did not find any undisclosed material information that could have affected the stock price through public media reports. The company's operations are currently normal, and there are no undisclosed matters that should have been disclosed. Directors and senior executives did not engage in any trading of company stocks during this period. In addition, the company's restructuring work is progressing, with a revenue of 634 million yuan and a net loss of 34.56 million yuan in 2025; and a revenue of 106 million yuan and a net profit of 27.07 million yuan in the first quarter of 2026.