ST Zhengping: Stock price fluctuating abnormally, experiencing losses in performance, and facing multiple risks.

ST Zhengping announced that the company's stock price deviated by more than 12% from November 12th to 14th, which is deemed as abnormal volatility. The accumulated revenue for the third quarter of 2025 was 652 million yuan, a year-on-year decrease of 20.92%; the net profit attributable to the parent company was -99 million yuan, a year-on-year decrease of 16%; the non-recurring net profit attributable to the parent company was -190 million yuan, a year-on-year decrease of 128.37%. The company warned of various risks, including the stock price deviating from the fundamentals in the short term, the risk of delisting, potential fund misappropriation, inadequate mining capacity, and continuous losses in performance.