WAVEGUIDE SHARES: THE COMPANY'S STOCK WILL BE IMPLEMENTING DELISTING RISK WARNINGS AS OF APRIL 30th.

Nanjing Putian Company announced that due to the company's net profit after deducting non-recurring gains and losses for the year 2024 being negative, and operating income after deducting business income unrelated to the main business and income that does not have commercial substance is less than 300 million yuan, it has triggered the situation of implementing delisting risk warning on the company's stock as stipulated in Article 9.3.2 of the Shanghai Stock Exchange Listing Rules. The company's stock will be suspended for 1 day on April 29th, and trading will resume on April 30th with the implementation of delisting risk warning, with the A-share abbreviation changed to *ST Putian. The company will take measures to fight for the withdrawal of the delisting risk warning, including increasing the development of new products, expanding markets, and promoting investment and mergers and acquisitions.