Zhuoran Co., Ltd.: Abnormal stock price fluctuations, unable to disclose regular reports on time, will suspend trading.

Zhuoran Co., Ltd. announced that the company's stock has experienced a cumulative decrease of over 30% in the closing prices for three consecutive trading days from April 28th to 30th, 2026, and a cumulative decrease of 50% in the closing prices for ten consecutive trading days from April 17th to 30th, 2026. These situations are considered abnormal fluctuations and severe abnormal fluctuations. Due to the inability to determine the initial figures, the company is unable to disclose the "2025 Annual Report" and "2026 First Quarter Report" on time, and the stock will be suspended from trading as of May 6th, 2026. If the disclosure is not completed within two months, the stock will be subject to delisting risk warning; if the reports are not disclosed within two months after the delisting risk warning is implemented, the stock will be delisted.