ST Lianxiang: The abnormal fluctuation of stock price, losses in performance may lead to the termination of listing risk.

ST Liangxiang announced that the company's stock had a cumulative deviation from the closing price for three consecutive trading days from July 13th to 15th, exceeding 20%, which was deemed as abnormal fluctuation. After self-inspection, no undisclosed major information was found, and current operations are normal. In 2025, the company's revenue was 141,610,500 yuan, with a net loss of 11,448,800 yuan. The stock was implemented with a delisting risk warning on April 29, 2026. It is expected that the net loss for the first half of 2026 will be between 15 million and 9 million yuan. If the financial data for 2026 still trigger delisting conditions, the stock will be delisted. In addition, the transfer of shares as disclosed in March by the controlling shareholder agreement has not been completed, posing uncertainty.