*ST Mubang: The company's stock will be subject to additional risk warnings starting from March 2.

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*ST Mubang announcement: the company received an “Administrative Penalty Pre-Notice” issued by the Jiangxi Regulatory Bureau of the China Securities Regulatory Commission on February 27, 2026. In accordance with Article 9.8.1 of the “Shanghai Stock Exchange Stock Listing Rules (April 2025 Amendment),” the company’s shares will be subject to additional implementation of other risk warnings starting from March 2, 2026 by the Shanghai Stock Exchange. In this additional implementation of other risk warnings, the company’s shares will not be suspended from trading; the stock abbreviation will remain “*ST Mubang”; the stock code will remain “603398”; the daily trading price fluctuation limit for the company’s shares will remain 5%; and the company’s shares will continue to be traded on the risk warning board.

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