*ST Lingnan announced that the closing price of the company's stock on August 18, 2026 was 0.99 yuan/share, lower than 1 yuan for the first time. According to the listing rules of the Shenzhen Stock Exchange, if the closing price of the company's shares falls below 1 yuan for 20 consecutive trading days, the Shenzhen Stock Exchange will terminate its stock listing transaction, and the stock will not enter the delisting and consolidation period under the forced delisting of such transactions. This is the company's first risk warning announcement to trigger face value delisting. The company's stock has previously been compounded with multiple risk warnings, and there are currently multiple risks of termination of listing.

*ST Lingnan announced that the closing price of the company's stock on August 18, 2026 was 0.99 yuan/share, lower than 1 yuan for the first time. According to the listing rules of the Shenzhen Stock Exchange, if the closing price of the company's shares falls below 1 yuan for 20 consecutive trading days, the Shenzhen Stock Exchange will terminate its stock listing transaction, and the stock will not enter the delisting and consolidation period under the forced delisting of such transactions. This is the company's first risk warning announcement to trigger face value delisting. The company's stock has previously been compounded with multiple risk warnings, and there are currently multiple risks of termination of listing.