Purple Sky Technology: Stock trading is subject to delisting risk warnings.

Purple Sky Technology announced on the evening of May 18th that the company received a decision from the Fujian Securities Regulatory Bureau on February 14, 2025, regarding the corrective measures to be taken against Fujian Purple Sky Media Technology Co., Ltd. for false accounting in the company's financial statements. The Fujian Securities Regulatory Bureau ordered the company to correct the relevant annual reports within 30 days from the date of receiving the decision and to undergo a comprehensive audit by an accounting firm. The company failed to complete the rectification within the specified period, and the trading of the company's stocks was suspended on March 17, 2025. As of May 16, 2025, the two-month suspension period expired, and the company still has not completed the required rectification, resulting in the implementation of delisting risk warning for the company's stocks. According to relevant regulations, if the company does not complete the rectification within two months after the implementation of the delisting risk warning, the company's stocks may be delisted. Due to the company's failure to disclose annual reports within the statutory deadline, the trading of the company's stocks will continue to be suspended from May 6, 2025. If the annual reports are not disclosed within two months after the suspension, it is estimated that the company's stocks will resume trading on July 7, 2025. The company's stock abbreviation has been changed from "Purple Sky Technology" to "*ST Purple Sky," and the start date for the implementation of the "delisting risk warning" is May 20, 2025.