ST Xinyuan announced that due to the internal control audit report issued a negative opinion in 2025, other risk warnings have been implemented since the opening of the company's stock market on May 6, 2026. Currently, the company is promoting rectification: the change of accounting firm has been completed, and Beijing Guofu Jiaying Certified Public Accountants has been appointed as the 2026 auditor; the “Inventory Management System” and supporting system revisions were completed on June 30, 2026 and implemented on July 1; the first phase of the supply chain management system has been developed and commissioned and will be launched soon. If a negative audit report is issued on the internal control of the company's financial reports for two consecutive fiscal years, the stock will be subject to a delisting risk warning.

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