ST Panda: Abnormal fluctuations in stock trading indicate multiple risks.

ST Panda announced that the closing price of the company's stock has deviated by more than 12% for three consecutive trading days from March 10 to March 12, 2026, which constitutes abnormal fluctuations. After a self-inspection and verification with the controlling shareholder, it was confirmed that there is no undisclosed major information from the company or the controlling shareholder. The company is currently operating normally, and there were no transactions of the company's stock by the controlling shareholder or senior executives during the abnormal fluctuations. In addition, the company reminds of various risks, including the lack of substantial progress in addressing non-standard audit opinions in the 2024 financial report and internal control audit, the possibility of delisting, the issuance of non-standard opinions in the 2025 financial report, being investigated for disclosure violations, and the recent significant increase in stock prices or speculative risks.