ST Mubang: Stock price experiences abnormal fluctuations, multiple risks are prompting investors to pay attention.

ST Mubang announced that the company's A-share stock price fell by a cumulative deviation of 20% for three consecutive trading days on July 17th, 20th, and 21st, 2026, which is considered abnormal volatility. After a self-examination, it was found that besides the disclosed pre-restructuring matters, there were no other significant undisclosed information, and the production and operation of the company are currently normal. The company's application to revoke the delisting risk warning and enter into a restructuring process both face uncertainties. The net assets at the end of the first half of 2026 may be negative. If the audited net assets at the end of 2026 are negative, the stock will be subject to delisting risk warning, and investors are reminded to pay attention to the risks.