Delisting: The stocks will enter a period of delisting consolidation, and it is expected that April 10th will be the last trading day.

Changyao announced that the company's stock will enter the delisting trading period on March 20, 2026, for a period of fifteen trading days, with the expected last trading date being April 10. The announcement disclosure date is the fifth trading day, leaving ten trading days remaining. There is no limit on the first trading day of the delisting trading period, but a daily limit of 20% will be set for subsequent days. On the day after the period ends, the stock will be delisted and the company will cease to be listed, following which it will be transferred to the delisting market segment. The company does not plan or implement any major asset restructurings during this period. All parties are reminded to settle relevant business in a timely manner, and relevant authorities are advised to renew their freezing procedures in advance.