ST Wenfeng: Disclosure of the progress of other risk warnings implemented on stocks.

ST Wenfeng announced that because the internal control audit report for the year 2025 received a disclaimer opinion, the company's stock will be subject to other risk warnings starting from April 30, 2026. The company has taken measures to rectify the situation: completed a self-examination of accounting errors and retroactive adjustments to financial statements, is in the process of formulating operational procedures for ongoing construction projects; suppliers have completed the repurchase of whiskey and improved supermarket purchasing standards; the company has received early repayment of principal of 55 million yuan and trust interest of 11.1876 million yuan from financing parties, and continues to urge repayment of the remaining amount. If the internal control audit report receives a disclaimer for two consecutive accounting years, the stock will be subject to delisting risk warnings.