ST Qingyue: The company's stock may be delisted due to major violations.

ST Qingyue announced that the company is under investigation by the China Securities Regulatory Commission for suspected false recording of financial data in regular reports, on October 31, 2025. On May 8, 2026, the company received a "preliminary notice of administrative penalty", which may involve significant illegal actions or be subject to significant illegal delisting. As of the date of the announcement, the company has not yet received a formal penalty decision. If the relevant circumstances are triggered, the company's stock will be delisted, and the final result is subject to the formal penalty decision.