ST Wanling: Abnormal fluctuations in stock trading, termination of control change matters.

ST Weiling Announcement: The company's stock price has had a cumulative deviation of 12% for two consecutive trading days, which is considered abnormal fluctuation. The audited net assets attributable to the parent company in 2025 are negative, resulting in the stock being subject to delisting risk warning and other risk warnings, with the abbreviation changed to "*ST Weiling". On June 12th, the controlling shareholder Shanghai Lingyi received a letter terminating the "Share Transfer Agreement", effectively canceling the proposed change in control. The company's production and operation are normal, with no undisclosed information to be disclosed. Investors are reminded to be aware of the risks.