*ST Lida announced that the company received the “Administrative Penalty Decision” from the Jiangsu Regulatory Bureau of the China Securities Regulatory Commission. From January 2020 to December 2022, the company took up a total of 1.703 billion yuan of non-operating capital from related parties. The company did not promptly disclose it, and there were major omissions and false records in the relevant periodic reports. The Jiangsu Securities Regulatory Bureau ordered the company to make corrections, give a warning, and imposed a fine of 9 million yuan; issued a warning and imposed fines ranging from 2.1 million yuan to 16.2 million yuan on the five responsible persons, including Gu Yiming, and imposed a five-year ban on Gu Yiming from entering the securities market. As of April 22, 2026, the related parties have returned all occupied capital and interest. This matter did not touch on situations related to major illegal forced delisting, and the company currently produces and operates normally.

*ST Lida announced that the company received the “Administrative Penalty Decision” from the Jiangsu Regulatory Bureau of the China Securities Regulatory Commission. From January 2020 to December 2022, the company took up a total of 1.703 billion yuan of non-operating capital from related parties. The company did not promptly disclose it, and there were major omissions and false records in the relevant periodic reports. The Jiangsu Securities Regulatory Bureau ordered the company to make corrections, give a warning, and imposed a fine of 9 million yuan; issued a warning and imposed fines ranging from 2.1 million yuan to 16.2 million yuan on the five responsible persons, including Gu Yiming, and imposed a five-year ban on Gu Yiming from entering the securities market. As of April 22, 2026, the related parties have returned all occupied capital and interest. This matter did not touch on situations related to major illegal forced delisting, and the company currently produces and operates normally.