ST Baoxin: The company clarifies the unfounded rumors on the internet about "being shell borrowed", "bankruptcy reorganization", etc. Currently, there is no business related to robots or robot dogs.

ST Baoxin announcement, the company's stock trading price has deviated by a cumulative 13.59% from the closing price for three consecutive trading days, indicating abnormal fluctuations in stock trading. The company clarifies that rumors on the internet about "backdoor listing" and "bankruptcy reorganization" are untrue and do not have any basis. The company currently has no robot or robotic dog-related businesses and no actual orders being fulfilled. The company's net profit for the year 2025 is approximately -214 million yuan, with a net profit after deducting non-recurring gains and losses of approximately -226 million yuan. The operating income for 2025 is approximately 223 million yuan, and the year-end net assets for 2025 are approximately -38.75 million yuan, with a year-end cash balance of approximately 1756.94 million yuan. The net profit for the first quarter of 2026 is approximately -12.55 million yuan, with a net profit after deducting non-recurring gains and losses of approximately -6.76 million yuan, and the net assets at the end of the first quarter are approximately -52.8 million yuan.