*ST Zhuoran announced that due to the company's inability to disclose the 2025 annual report within the legal period, stock trading was suspended from May 6, 2026, resumed trading on July 7, and was subject to a delisting risk warning. If more than half of the directors guarantee true, accurate, and complete 2025 annual reports are not disclosed within 2 months from the date of implementation of the delisting risk warning, the stock listing will be terminated by the Shanghai Stock Exchange. In addition, the company and the actual controller have been investigated by the Securities Regulatory Commission. If a major illegal forced delisting situation is involved, the stock will also be forcibly delisted. The company is making every effort to prepare the annual report.

*ST Zhuoran announced that due to the company's inability to disclose the 2025 annual report within the legal period, stock trading was suspended from May 6, 2026, resumed trading on July 7, and was subject to a delisting risk warning. If more than half of the directors guarantee true, accurate, and complete 2025 annual reports are not disclosed within 2 months from the date of implementation of the delisting risk warning, the stock listing will be terminated by the Shanghai Stock Exchange. In addition, the company and the actual controller have been investigated by the Securities Regulatory Commission. If a major illegal forced delisting situation is involved, the stock will also be forcibly delisted. The company is making every effort to prepare the annual report.