*ST Lingnan: "Lingnan Convertible Bonds" New Phase and Fourth Phase Repayment Arrangement and Multiple Risk Reminders

ST Lingnan announced that the repayment arrangements for the new phase and the fourth phase of "Lingnan Convertible Bonds" have been clarified. The new phase will be partially repaid based on 3,589,772 bonds before August 11; the fourth phase will be partially repaid on the same day based on 3,552,390 bonds. As of August 4, the company and its subsidiaries have new litigation and arbitration cases involving approximately 147 million yuan. The company is also facing risks such as the inability to repay the "Lingnan Convertible Bonds" on time, ongoing operations, the realization of pledged assets under the credit enhancement plan, stock delisting, and lawsuits. The company has allocated 13.9413 million yuan for the repayment related to the "Lingnan Convertible Bonds," with a payment date of August 11.