ST Treasure: Third warning that the company's stock may be at risk of being delisted.

ST Bao Shi announced that starting from April 29, 2025, the company's stock will be subject to delisting risk warning. If one of the 10 situations specified in the "Stock Listing Rules" occurs after the disclosure of the 2025 annual report, the company's stock will face the risk of being delisted. The company expects the non-GAAP net profit for 2025 to be between -91 million yuan and -64 million yuan, with operating income of 400 million yuan to 440 million yuan after deducting. This data has not been audited. The preparation and auditing of the 2025 annual report is currently underway. Before the annual report is disclosed, a risk warning will be disclosed every ten trading days. This is the third warning.