ST Hengxin: Stocks are subject to other risk warnings. Application for revocation will be made after 12 months.

ST Hengxin announced that the company and related parties received a "Notice of Administrative Penalty Pre-notification" issued by the Beijing Securities Regulatory Bureau on April 3, 2026. The company's stock has been subject to other risk warnings since April 8th. On April 30th, the company received an "Administrative Penalty Decision", which confirmed the illegal activities consistent with the pre-notification. However, it did not involve major violations that would require delisting. The company has rectified errors in its 2022 annual report and will apply to the Shenzhen Stock Exchange for the removal of the risk warning after 12 months from the date of the penalty decision by the China Securities Regulatory Commission. The company's operations are currently normal and will not be significantly affected by this.