*ST Lingnan announced that as of October 9, 2026, the closing price of the company's stock had been below 1 yuan for 19 consecutive trading days. If the average trading day falls below 1 yuan for 20 consecutive trading days, there is a risk that the listing of the company's shares may be terminated because the stock price is below face value, and there is also a risk that the listing of the company's convertible corporate bonds will be terminated. This announcement is the 11th Risk Warning Notice.

*ST Lingnan announced that as of October 9, 2026, the closing price of the company's stock had been below 1 yuan for 19 consecutive trading days. If the average trading day falls below 1 yuan for 20 consecutive trading days, there is a risk that the listing of the company's shares may be terminated because the stock price is below face value, and there is also a risk that the listing of the company's convertible corporate bonds will be terminated. This announcement is the 11th Risk Warning Notice.