Announcement on the Fifth Risk Warning Regarding the Company's Stock Trading During the Delisting Transition Period

Special Risk Warning

1. The company's stock will be delisted on the trading day following the end of the delisting transition period.

2. The trading start date for the delisting transition period is June 6, 2022, with the expected last trading date being June 24, 2022.

3. The company's stock will trade for 15 trading days during the delisting transition period. As of June 21, 2022, the stock has traded for 12 days, leaving 3 trading days before delisting. Investors are advised to invest cautiously and be aware of the risks.

4. During the delisting transition period, the company will not plan or implement any major asset restructuring.

5. Investors and market participants are urged to settle stock pledge repurchase, agreed repurchase, margin financing, transfer, and Shenzhen Stock Connect transactions before the stock is delisted. Investors who do not sell their shares during the transition period may face transferability issues after entering the delisting segment.

6. For judicial freeze transactions expiring after the stock is delisted and before the completion of the initial registration in the delisting segment, it is recommended that the competent authorities handle the renewal procedures in advance through the original enforcement channels before the stock is delisted.