*According to ST Development's announcement, the cumulative deviation value of the closing price increase of the company's stock exceeded 20% for three consecutive trading days on July 8, 9, and 10, 2026, which is an abnormal fluctuation. On July 6, 2026, the Fifth Intermediate Court of Chongqing registered the company for pre-restructuring. It is uncertain whether it will be able to enter the restructuring process in the future. Net assets attributable to the mother at the end of the year 2025 were -200 million yuan, net profit after deduction was -635 million yuan, and net revenue after deduction was 282 million yuan. Delisting and other risk warnings have been implemented. If the court accepts the restructuring application, the stock will be subject to a delisting risk warning; if the restructuring fails, the company is at risk of being declared bankrupt and terminated.

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