Shandong Luneng is planning to apply for the removal of other risk warnings on the company's stock.

ST Shun Tian Announcement: The company held the 11th meeting of the seventh session of the board of directors on July 4, 2025, and approved the "Proposal to Apply for the Revocation of the Company's Stock Other Risk Warning". The company conducted a item-by-item self-inspection in accordance with the relevant provisions of the "Shanghai Stock Exchange Listing Rules," confirming that the company did not have any circumstances that would trigger the implementation of other risk warnings by the Shanghai Stock Exchange, and met the conditions for applying for the revocation of other risk warnings under section 9.8.8. The company has received an "Administrative Penalty Decision" issued by the China Securities Regulatory Commission for more than twelve months, and has retrospectively restated the corresponding annual financial accounting reports for the matters involved in the administrative penalty decision, and has fully provided for the estimated liabilities related to the investor compensation matters. The company plans to apply to the Shanghai Stock Exchange for the revocation of the company's stock other risk warnings. However, whether the company's stock can be revoked from other risk warnings is still subject to review by the Shanghai Stock Exchange, and there is uncertainty.