Shenyang Cuihua Gold & Silver Jewelry Co., Ltd.
Announcement on Clarification of Market Rumors and Risk Warning of Abnormal Stock Trading Fluctuations
The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or major omissions.
Special Risk Warning:
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On July 14, 2026, Shenyang Cuihua Gold & Silver Jewelry Co., Ltd. (hereinafter referred to as the "Company" or "this Company") disclosed on Juchao Information Network (www.cninfo.com.cn) the "Announcement on the Progress of Investigation and the First Risk Warning Announcement on the Company's Failure to Disclose Periodic Reports within the Prescribed Period and Potential Termination of Listing" (Announcement No.: 2026-072). The Company has been investigated by the China Securities Regulatory Commission (CSRC). If the facts subsequently determined by the CSRC's administrative penalty fall under the circumstances of major illegal delisting stipulated in the "Shenzhen Stock Exchange Stock Listing Rules" (hereinafter referred to as the "Listing Rules"), the Company's stock will be subject to major illegal delisting. Investors are kindly requested to make prudent decisions and pay attention to investment risks.
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On July 14, 2026, the Company disclosed on Juchao Information Network (www.cninfo.com.cn) the "Announcement on the Progress of Investigation and the First Risk Warning Announcement on the Company's Failure to Disclose Periodic Reports within the Prescribed Period and Potential Termination of Listing" (Announcement No.: 2026-072). The Company failed to disclose its 2025 annual report and the first quarterly report of 2026 within the statutory period (April 30, 2026). According to the relevant provisions of the "Listing Rules", the Company's stock was suspended from trading from the opening on May 6, 2026. If the Company still fails to disclose its 2025 annual report within two months of suspension, according to Article 9.4.1 (1) of the "Listing Rules", the Shenzhen Stock Exchange will implement a delisting risk warning on the Company's stock trading from the opening on July 7, 2026. If the Company still fails to disclose the 2025 annual report, which is guaranteed to be true, accurate, and complete by more than half of the directors, within two months from the date of the delisting risk warning, the Shenzhen Stock Exchange will decide to terminate the Company's stock trading according to Article 9.4.18 (1) of the "Listing Rules". The Company's stock is at risk of termination of listing.
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On July 17, 2026, the Company disclosed on Juchao Information Network (www.cninfo.com.cn) the "Announcement on Clarification of Market Rumors and Risk Warning" (Announcement No.: 2026-075). The Company currently has no ongoing merger and acquisition or change of actual control matters, nor does it plan any merger and acquisition or change of actual control in the next three months. Recently, the Company has noticed that on forums such as East Money Forum, there are rumors about "government intervention to facilitate debt-to-equity swaps" and "major gold magnates and mining tycoons are preparing to inject capital."
Abnormal Stock Trading Fluctuations
The stock of the Company (stock name: *ST Cuihua, stock code: 002731) experienced cumulative abnormal price fluctuations exceeding 20% for two consecutive trading days, July 16 and July 17, 2026. According to the "Shenzhen Stock Exchange Trading Rules", this constitutes abnormal stock trading fluctuations.