*ST Chung Hing: The large short-term increase in stock price indicates multiple investment risks.*

ST Chengchang announced that the company's stock price has increased by 27.63% over five consecutive trading days from January 22 to 28, 2026, with no change in fundamentals, possibly due to market sentiment overheating and irrational speculation risks. The estimated net profit for 2025 is between 95 million and 124 million yuan, with a expected decrease in Q4. As of January 28, the closing price was 150.17 yuan per share, with a P/E ratio of 340.99 and a P/B ratio of 21.02, significantly deviating from the industry average. In addition, the company intends to change its accounting firm, subject to shareholder approval. Investors are reminded to invest rationally and beware of risks.