ST Gao Hong: The investigation by the China Securities Regulatory Commission is still ongoing.

On the evening of July 28, ST Gaohong announced that the stock price had deviated by more than 12% for three consecutive trading days, which qualifies as abnormal stock trading volatility according to the relevant regulations of the Shenzhen Stock Exchange. It was verified that the company received a "Notice of Filing a Case" from the China Securities Regulatory Commission on July 30, 2024, due to suspected violations of laws and regulations in information disclosure. The China Securities Regulatory Commission has decided to file a case against the company. As of the date of this announcement, the investigation by the China Securities Regulatory Commission is still ongoing, and the company has not received any conclusive opinions or decisions regarding the aforementioned case. If the facts determined by the China Securities Regulatory Commission's administrative penalties in the future trigger the circumstances for mandatory delisting due to major violations stipulated in the "Shenzhen Stock Exchange Stock Listing Rules", the company's stock may face the risk of a major violation enforced delisting.