Company Code: 002717
Company Abbreviation: *ST Lingnan
Announcement No.: 2026-066
Progress Announcement on Company Stock Being Subjected to Additional Risk Warnings
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or material omissions.
Special Reminder:
- The Company's total profit, net profit, and net profit after deducting non-recurring gains and losses for the fiscal year 2025 are all negative. Furthermore, its operating income after deductions is less than 300 million yuan. The audited net assets attributable to the parent company for fiscal year 2025 are negative. The annual auditor issued a negative opinion on the internal control audit report for both 2024 and 2025. The annual auditor issued a disclaimer of opinion on the financial report for fiscal year 2025. These circumstances trigger the delisting risk warning provisions under the Shenzhen Stock Exchange Stock Listing Rules. Effective from the opening of trading on April 30, 2026, the Company's stock trading will be subject to a delisting risk warning, and the stock abbreviation will change from "ST Lingnan" to "*ST Lingnan". If the Company encounters situations stipulated in Article 9.3.12 and Article 9.4.18 (VI) of the Shenzhen Stock Exchange Stock Listing Rules in fiscal year 2026, its stock faces the risk of termination of listing.