*ST Ningke announced that as of the disclosure date of this announcement, the company has entered the implementation stage of the restructuring plan. According to the company's preliminary estimates, it is expected that the stock price may be drastically adjusted downward after the implementation of the restructuring plan. The details are subject to the company's subsequent announcements. According to the company's stock closing price estimate on December 3, 2025, there may be a risk that the company's stock price will drop by about 30% from the closing price after exclusion. The details are subject to the actual situation at that time.

*ST Ningke announced that as of the disclosure date of this announcement, the company has entered the implementation stage of the restructuring plan. According to the company's preliminary estimates, it is expected that the stock price may be drastically adjusted downward after the implementation of the restructuring plan. The details are subject to the company's subsequent announcements. According to the company's stock closing price estimate on December 3, 2025, there may be a risk that the company's stock price will drop by about 30% from the closing price after exclusion. The details are subject to the actual situation at that time.