ST Hailong announced that due to negative opinions issued on the 2025 internal control audit report, other risk warnings have been implemented since the opening of the company's stock market on May 6, 2026. At present, the company has set up a special rectification working group to promote rectification work such as optimizing stock operations, reducing inventory size, cleaning up accounts and contract documents, and improving the internal control system, and striving to eliminate the impact of negative opinions as soon as possible. If the company's 2026 internal control audit still issues an audit report that cannot express an opinion or negative opinion, the company's stock trading will be subject to a delisting risk warning. The company will disclose relevant developments and risk warning announcements every month. Investors are kindly requested to pay attention to investment risks.

ST Hailong announced that due to negative opinions issued on the 2025 internal control audit report, other risk warnings have been implemented since the opening of the company's stock market on May 6, 2026. At present, the company has set up a special rectification working group to promote rectification work such as optimizing stock operations, reducing inventory size, cleaning up accounts and contract documents, and improving the internal control system, and striving to eliminate the impact of negative opinions as soon as possible. If the company's 2026 internal control audit still issues an audit report that cannot express an opinion or negative opinion, the company's stock trading will be subject to a delisting risk warning. The company will disclose relevant developments and risk warning announcements every month. Investors are kindly requested to pay attention to investment risks.