*ST Yuandao announced that the company received an administrative penalty decision from the Securities Regulatory Commission and was found to have inflated operating income by 659.026 million yuan, 161 million yuan, and 264 million yuan respectively from 2019 to 2021, accounting for 8.75%, 13.12%, and 16.23% of the total revenue disclosed in each year's prospectus. The company fabricated major false content in securities issuance documents, touching on major illegal and forced delisting situations. Trading of the company's shares will be suspended from the opening of the market on August 31, 2026. The Shenzhen Stock Exchange will issue an advance notice of intention to terminate the listing within 15 trading days after the suspension. The relevant review and decision procedures will be carried out in accordance with the rules. There is a risk that the listing of the company's shares will be terminated.

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