ST Middle Road: B shares have consecutively fallen by more than 12% for 3 days, indicating multiple risks.

The announcement of ST Zhonglu states that the company's B shares experienced abnormal fluctuations as the closing prices deviated by over 12% from May 21st to May 25th for three consecutive trading days in 2026. The company conducted a self-inspection and confirmed that its operations are normal, with no undisclosed significant matters. The internal control of the company's financial report for the year 2025 received a negative opinion, and the stock has been subject to other risk warnings. If a negative opinion is issued again in the next year, a delisting risk warning will be implemented. The controlling shareholder Zhonglu Group plans to reduce its holdings by 820,000 shares, accounting for 0.26% of the total share capital, from May 11th to August 10th. If the shares are further disposed of judicially, it may lead to a change in controlling ownership.