ST Source: In 2025, companies may face the risk of being delisted if their performance fails to meet standards.

ST Shuyuan announced that, according to preliminary calculations, the company's estimated net profit for the year 2025 is expected to be negative, with revenue excluding the post-operating income being less than 300 million yuan. According to relevant regulations, after the disclosure of the 2025 annual report, the company's stock trading may be subject to additional implementation of delisting risk warning. As of the announcement date, the audit of the 2025 annual report is still ongoing, if the audited financial data meets the relevant conditions, the company's stock will be suspended for 1 trading day, and after resuming trading, delisting risk warnings will be added.