ST stands for "special treatment" and indicates that a stock is undergoing abnormal fluctuations in trading, which is a warning of multiple risks.

*ST Yuan Shang announced that the company's stock has experienced abnormal fluctuations, with the closing prices deviating by over 12% for three consecutive trading days from November 11th to 13th, 2025. After self-inspection, the company and its subsidiaries are operating normally, with no undisclosed significant information to disclose. The company warns of multiple risks, including negative profit indicators and revenue below 300 million in 2024, resulting in a risk of delisting warning on the stock. If the conditions for reinstatement are not met in the 2025 annual report, the company will be delisted. The company has reported a loss in net profit for the first three quarters of 2023 to 2025. As of November 13th, the stock price is 39.76 yuan per share, with a high Price-to-Book ratio of 7.65, higher than the industry average, indicating trading risks.