ST Waveguide: Fourth Risk Warning of Possible Termination of Stock Listing Issued

ST Waveguide announced that the company encountered the risk warning of delisting in the 2024 fiscal year, and was officially implemented by the Shanghai Stock Exchange on April 30, 2025. The 2026 annual report is scheduled to be disclosed on April 8, indicating the fourth termination of the delisting risk warning. Preliminary calculations estimate a total profit of 10-14 million yuan in 2025, a net profit attributable to the parent company's owners of 6-8 million yuan, a non-net profit of -6.5 to -4.5 million yuan, and operating income of 450 million to 490 million yuan. If the annual report does not meet the conditions for revocation or if the application is not submitted on time, the stock may be delisted.