Stephen Tai: The abnormal stock price fluctuations do not indicate any undisclosed material information that should be disclosed.

ST Dahua announced that the closing price of the company's stock deviated by 13.71% for three consecutive trading days from March 9 to 11, 2026. The average turnover ratio on March 11 was 61.7 times higher than the average turnover ratio of the previous five trading days, with a cumulative turnover rate of 20.97%, indicating abnormal fluctuations. After verification, the company and its largest shareholder did not have any undisclosed significant issues that should have been disclosed, and recent production and operations have been normal. The company expects a net profit of -290 million yuan to -190 million yuan for the year 2025. The stock has been subject to other risk warnings, and will apply for removal once the conditions are met.