*ST Zhuoran announced that as of October 22, 2026, the daily closing market value of the company's shares was less than 300 million yuan for 16 consecutive trading days. Even if it continues to rise and fall for the next 4 trading days, it will affect forced delisting of traded stocks, and forcibly delisted tradable stocks will not enter the delisting period. In addition, the company was filed by the Securities Regulatory Commission on suspicion of illegal disclosure of information. On September 11, 2026, it received an “Advance Notice of Administrative Penalty” from the Shanghai Securities Regulatory Bureau, which may have involved a serious illegal and forced delisting situation. The company's shares have been superimposed on a delisting risk warning. The final results are based on the official penalty decision of the Securities Regulatory Commission.

*ST Zhuoran announced that as of October 22, 2026, the daily closing market value of the company's shares was less than 300 million yuan for 16 consecutive trading days. Even if it continues to rise and fall for the next 4 trading days, it will affect forced delisting of traded stocks, and forcibly delisted tradable stocks will not enter the delisting period. In addition, the company was filed by the Securities Regulatory Commission on suspicion of illegal disclosure of information. On September 11, 2026, it received an “Advance Notice of Administrative Penalty” from the Shanghai Securities Regulatory Bureau, which may have involved a serious illegal and forced delisting situation. The company's shares have been superimposed on a delisting risk warning. The final results are based on the official penalty decision of the Securities Regulatory Commission.