ST Wanfang: Receiving the Shenzhen Stock Exchange's decision to delist the stock.

*ST Wanfang announced that on May 25, 2026, the company received the decision from the Shenzhen Stock Exchange to delist Wanfang Urban Investment Development Co., Ltd. From March 16 to April 13, 2026, the company's stock had a market capitalization lower than 500 million RMB for twenty consecutive trading days, triggering the delisting criteria. The company's stock will not enter a delisting period, and will be delisted within fifteen trading days after the decision is made by the Shenzhen Stock Exchange. After delisting, the stock will be transferred to the National Equities Exchange and Quotations (NEEQ) platform for listed companies and delisted companies for trading.