*ST Mubang announced that the Anyi court will publicly auction parcels, ground buildings, duplex stores, parking spaces and other assets under the name of Bangbao Yizhi, a wholly-owned subsidiary of the company, on the Taobao Judicial Auction Online Platform from 10:00 on October 8 to 10:00 on October 9, 2026. The total assessed value of the above assets was 149 million yuan, and the total starting price was 104 million yuan. They were sold separately. This auction was due to the failure of the parties involved in the Jiangxi Jierui Financial loan contract dispute of the wholly-owned Sun Company to comply with the settlement agreement and was enforced by the application. This auction is still in the publicity stage, and the results are uncertain; if the auction is completed, the company's debt will decrease, but total assets and net assets will also decrease, which will adversely affect future profit and loss. Furthermore, there is significant uncertainty about whether the company can enter the restructuring process. As of the end of June 2026, the net assets returned to the mother were -74.75,800 yuan. If the audited net assets are negative at the end of 2026, the stock will be subject to a delisting risk warning.

*ST Mubang announced that the Anyi court will publicly auction parcels, ground buildings, duplex stores, parking spaces and other assets under the name of Bangbao Yizhi, a wholly-owned subsidiary of the company, on the Taobao Judicial Auction Online Platform from 10:00 on October 8 to 10:00 on October 9, 2026. The total assessed value of the above assets was 149 million yuan, and the total starting price was 104 million yuan. They were sold separately. This auction was due to the failure of the parties involved in the Jiangxi Jierui Financial loan contract dispute of the wholly-owned Sun Company to comply with the settlement agreement and was enforced by the application. This auction is still in the publicity stage, and the results are uncertain; if the auction is completed, the company's debt will decrease, but total assets and net assets will also decrease, which will adversely affect future profit and loss. Furthermore, there is significant uncertainty about whether the company can enter the restructuring process. As of the end of June 2026, the net assets returned to the mother were -74.75,800 yuan. If the audited net assets are negative at the end of 2026, the stock will be subject to a delisting risk warning.