*ST Energy Saving: The company's stock may be delisted for the third time to issue a risk warning.*

*The energy-saving announcement from ST states that the company's audited multiple profit indicators for the year 2024 are negative and revenue, after deduction, is less than 300 million RMB. The stock will be subject to delisting risk warning starting from April 30, 2025. In the 2025 audit, the company and the annual auditing agency have differences in certain project revenue recognition and prepayment matters. If the related project revenue is excluded, the 2025 revenue will be less than 300 million RMB, and the stock will face the risk of being delisted. This is the third risk warning, and the final financial data will be based on the 2025 annual report.*