*ST Lingnan announced that the company will hold a “Lingnan Bonds Transfer” holders' meeting on August 3. If the bill on the new payment arrangement is not passed, it will not affect the fourth installment payment. The company is raising funds through multiple channels, and the final payment plan will be announced after the market closes on August 3. In 2025, the company's revenue was 112 million yuan, down 86.99% year on year, net loss was 2,336 million yuan, and loss increased by 137.29%; revenue for the first quarter of 2026 was 39.7025 million yuan, down 41.27% year on year, net loss was 134 million yuan, and loss increased 101.10%. In addition, the company also faces risks such as “Lingnan Bonds Transfer” not being able to pay on schedule, continued operation, credit enhancement plans to cover the monetization of pledged assets, stock delisting, and lawsuits.

*ST Lingnan announced that the company will hold a “Lingnan Bonds Transfer” holders' meeting on August 3. If the bill on the new payment arrangement is not passed, it will not affect the fourth installment payment. The company is raising funds through multiple channels, and the final payment plan will be announced after closing on August 3. In 2025, the company's revenue was 112 million yuan, down 86.99% year on year, net loss was 2,336 million yuan, and loss increased by 137.29%; revenue for the first quarter of 2026 was 39.7025 million yuan, down 41.27% year on year, net loss was 134 million yuan, and loss increased 101.10%. In addition, the company also faces risks such as “Lingnan Bonds Transfer” not being able to pay on schedule, continued operation, credit enhancement plans to cover the monetization of pledged assets, stock delisting, and lawsuits.