ST Asia Pacific: Company's stock may be delisted, fourth risk warning issued.

*ST Asia Pacific announced that the company's audited net assets at the end of the 2024 fiscal year were negative, and it was subject to a delisting risk warning starting from April 30, 2025. If the relevant circumstances stipulated in the "Shenzhen Stock Exchange Stock Listing Rules" occur in the 2025 fiscal year, the company's stock will face the risk of being delisted. In 2025, the company received a cash donation of 73 million yuan from the restructuring investor and had 75 million yuan of debt waived by the original controlling shareholder. The restructuring plan is scheduled to be completed by December 31, 2025. The performance forecast on January 22, 2026, indicates that the net assets for the 2025 fiscal year are expected to turn positive, but the data has not been audited. This is the fourth risk warning announcement.