ST Ruimao: Abnormal stock fluctuations suggest multiple operational and delisting risks.

ST Ruimao announced that the company's stock has experienced abnormal fluctuations, with the closing prices deviating by more than 12% for two consecutive trading days on July 1st and July 2nd, 2026. Sales of various business categories have declined due to debt defaults and lawsuits, resulting in a 90.69% year-on-year decrease in revenue for the first quarter of 2026, and a negative net profit attributable to shareholders. The controlling shareholder and actual controller of the company's shares have been judicially marked/frozen and put on hold for freezing; as of May 28, 2026, the company and its subsidiaries have overdue amounts of approximately 5.763 billion yuan, and as of June 23, the total amount involved in cases over the past 12 months is about 10.079 billion yuan. The financial report for the year 2025 received non-standard opinions, and since April 30, 2026, it has been subject to delisting risk warnings. Effective agreements on out-of-court reorganization have not yet been reached.