*ST Zhuoran announced that the company received the regulatory work letter issued by the Shanghai Stock Exchange on August 5, 2026. The Shanghai Regulatory Bureau of the China Securities Regulatory Commission has initially discovered that some of the annual financial information disclosed by the company is suspected of being false, which may have involved a major illegal and forced delisting situation. The Shanghai Stock Exchange requires the company to maintain normal operation, cooperate with supervision, fulfill credit disclosure obligations, promptly disclose relevant content, strengthen internal control and rectification, and carry out self-inspection. Company shares may be subject to major offenses and forced delisting, reminding investors to be aware of the risks.

*ST Zhuoran announced that the company received the regulatory work letter issued by the Shanghai Stock Exchange on August 5, 2026. The Shanghai Regulatory Bureau of the China Securities Regulatory Commission has initially discovered that some of the annual financial information disclosed by the company is suspected of being false, which may have involved a major illegal and forced delisting situation. The Shanghai Stock Exchange requires the company to maintain normal operation, cooperate with supervision, fulfill credit disclosure obligations, promptly disclose relevant content, strengthen internal control and rectification, and carry out self-inspection. Company shares may be subject to major offenses and forced delisting, reminding investors to be aware of the risks.