*ST Ruimao announced that the closing price of the company's stock on November 12, 2026 was 0.96 yuan/share, and the closing price fell below 1 yuan for the first time. If the daily closing price falls below 1 yuan for 20 consecutive trading days, the listing will be terminated on the Shanghai Stock Exchange. It is a compulsory delisting category. Forced delisted shares will not enter the delisting period. The company's 2025 financial report was issued with an audit report that could not express an opinion, and a delisting risk warning has been implemented. There are also risks such as multiple overdue debts and lawsuits, business stagnation, uncertain progress of out-of-court restructuring, and the freezing of all controlling shareholders' shares.

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.