ST Xinghua announced that due to the issuance of a negative audit report on the internal control of the 2025 financial report, other risk warnings have been implemented since the opening of the company's stock market on May 6, 2026. If the internal control of the financial report for the next year is still issued an audit report where no opinion or negative opinion can be expressed, the company's stock will be subject to a delisting risk warning. At present, the company has hired an external third party agency to carry out internal control diagnosis and evaluation, sort out the problems and issue rectification requests to all responsible departments, which will regularly supervise the rectification process. The company will disclose progress and risk warning notices at least once a month until the corresponding circumstances are eliminated or a delisting risk warning is implemented. Currently, production and operation are normal.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.