*ST Wanfang announced that on July 25, 2025, the company received the “Notice of Case Filing by the China Securities Regulatory Commission” issued by the China Securities Regulatory Commission. Due to suspected illegal disclosure of information, the China Securities Regulatory Commission decided to file a case against the company in accordance with the “Securities Law of the People's Republic of China”, “Administrative Penalty Law of the People's Republic of China” and other laws and regulations. As of the disclosure date of this announcement, the investigation by the China Securities Regulatory Commission is still ongoing, and the company has not received any concluding opinions or decisions on the above case filing matters. If the facts later determined by the administrative penalty of the China Securities Regulatory Commission touch upon a major illegal forced delisting situation as stipulated in the “Shenzhen Stock Exchange Stock Listing Rules”, the company's shares may be subject to major illegal forced delisting.

*ST Wanfang announced that on July 25, 2025, the company received the “Notice of Case Filing by the China Securities Regulatory Commission” issued by the China Securities Regulatory Commission. Due to suspected illegal disclosure of information, the China Securities Regulatory Commission decided to file a case against the company in accordance with the “Securities Law of the People's Republic of China”, “Administrative Penalty Law of the People's Republic of China” and other laws and regulations. As of the disclosure date of this announcement, the investigation by the China Securities Regulatory Commission is still ongoing, and the company has not received any concluding opinions or decisions on the above case filing matters. If the facts later determined by the administrative penalty of the China Securities Regulatory Commission touch upon a major illegal forced delisting situation as stipulated in the “Shenzhen Stock Exchange Stock Listing Rules”, the company's shares may be subject to major illegal forced delisting.