*ST Lingnan announced that the cumulative deviation value of the closing price of the company's shares exceeded 20% for three consecutive trading days, which is an abnormal fluctuation in stock trading. As of September 30, 2026, the closing price of the company's shares has been below 1 yuan for 17 consecutive trading days. If the closing price falls below 1 yuan for 20 consecutive trading days, the listing will be terminated by the Shenzhen Stock Exchange, and stocks and convertible bonds that have been terminated due to mandatory delisting in the trading category will not enter the delisting period. After verification, the controlling shareholders and actual controllers of the company did not trade the company's shares during the period of abnormal fluctuations, and there were no important matters that should be disclosed. As of the disclosure date of the announcement, the remaining balance of unused funds remaining unreturned by the original actual controller Yin Hongwei was 149 million yuan, and the company has already filed a lawsuit in this regard.

*ST Lingnan announced that the cumulative deviation value of the closing price of the company's shares exceeded 20% for three consecutive trading days, which is an abnormal fluctuation in stock trading. As of September 30, 2026, the closing price of the company's shares has been below 1 yuan for 17 consecutive trading days. If the closing price falls below 1 yuan for 20 consecutive trading days, the listing will be terminated by the Shenzhen Stock Exchange, and stocks and convertible bonds that have been terminated due to mandatory delisting in the trading category will not enter the delisting period. After verification, the controlling shareholders and actual controllers of the company did not trade the company's shares during the period of abnormal fluctuations, and there were no important matters that should be disclosed. As of the disclosure date of the announcement, the remaining balance of unused funds remaining unreturned by the original actual controller Yin Hongwei was 149 million yuan, and the company has already filed a lawsuit in this regard.