*ST Zhuoran announced that the company's stock rose or stopped today, and the actual fluctuation of the stock price after excluding overall market factors was quite large. The company received the “Advance Notice of Administrative Penalties” from the Shanghai Securities Regulatory Bureau on September 11, 2026, which may have involved a major illegal and forced delisting situation. The stock has already been subject to a delisting risk warning. If the relevant situation is eventually reached, the stock listing will be terminated. In addition, the company also has risks such as financial delisting risks, bank account freezes, overdue debts, and unsettled lawsuits. As of September 4, 2026, the total amount of funds frozen in the company's bank accounts was 567.23 million yuan, and the total amount of overdue debts due was 567 million yuan.

*ST Zhuoran announced that the company's stock rose or stopped today, and the actual fluctuation of the stock price after excluding overall market factors was quite large. The company received the “Advance Notice of Administrative Penalties” from the Shanghai Securities Regulatory Bureau on September 11, 2026, which may have involved a major illegal and forced delisting situation. The stock has already been subject to a delisting risk warning. If the relevant situation is eventually reached, the stock listing will be terminated. In addition, the company also has risks such as financial delisting risks, bank account freezes, overdue debts, and unsettled lawsuits. As of September 4, 2026, the total amount of funds frozen in the company's bank accounts was 567.23 million yuan, and the total amount of overdue debts due was 567 million yuan.