*ST Lingnan announced that in 2025, operating income was 112 million yuan, a year-on-year decrease of 86.99%; net loss attributable to shareholders of listed companies was 2,336 million yuan, an increase of 137.29% year-on-year. From January to June 2026, operating income was 58 million yuan, a year-on-year decrease of 67.44%; net loss attributable to shareholders of listed companies was 284 million yuan, an increase of 121.35% year-on-year. “Lingnan Convertible Bonds” was unable to pay principal and interest on time, and the credit ratings of the company's principal and “Lingnan Convertible Bonds” were downgraded to C. The company's stock was subject to a delisting risk warning combined with other risk warnings. The closing price on September 7, 2026 was 0.98 yuan/share, and there is a risk that the listing will be terminated because the stock price is below face value. A case was opened and investigated for the company's alleged subcontract project.

*ST Lingnan announced that in 2025, operating income was 112 million yuan, a year-on-year decrease of 86.99%; net loss attributable to shareholders of listed companies was 2,336 million yuan, an increase of 137.29% year-on-year. From January to June 2026, operating income was 58 million yuan, a year-on-year decrease of 67.44%; net loss attributable to shareholders of listed companies was 284 million yuan, an increase of 121.35% year-on-year. “Lingnan Convertible Bonds” was unable to pay principal and interest on time, and the credit ratings of the company's principal and “Lingnan Convertible Bonds” were downgraded to C. The company's stock was subject to a delisting risk warning combined with other risk warnings. The closing price on September 7, 2026 was 0.98 yuan/share, and there is a risk that the listing will be terminated because the stock price is below face value. A case was opened and investigated for the company's alleged subcontract project.