*ST Zhengping announced that the pre-restructuring claim involves the parent company and 13 subsidiaries. Claims must be completed before January 25, 2026, and the form of “online declaration+paper mail” will be adopted. This is a partial claim declaration. Important holding subsidiaries were not included. There is uncertainty about the accuracy and completeness of the claim declaration, and it may be difficult to resolve non-standard opinions in 2024. As of the end of the first three quarters of 2025, the company's net assets to the mother were 280 million yuan, but there is a risk that the net assets due to asset depreciation and the discovery of unaccrued liabilities will result in negative audited net assets due to negative audited net assets. Furthermore, the company's stock price changed and rose significantly from the beginning of the year to November 18. It deviates from fundamentals and reminds investors to be aware of risks.

*ST Zhengping announced that the pre-restructuring claim involves the parent company and 13 subsidiaries. Claims must be completed before January 25, 2026, and the form of “online declaration+paper mail” will be adopted. This is a partial claim declaration. Important holding subsidiaries were not included. There is uncertainty about the accuracy and completeness of the claim declaration, and it may be difficult to resolve non-standard opinions in 2024. As of the end of the first three quarters of 2025, the company's net assets to the mother were 280 million yuan, but there is a risk that the net assets due to asset depreciation and the discovery of unaccrued liabilities will result in negative audited net assets due to negative audited net assets. Furthermore, the company's stock price changed and rose significantly from the beginning of the year to November 18. It deviates from fundamentals and reminds investors to be aware of risks.