ST Huawei: Promote the compilation and audit of the 2025 annual report, Zhang Qing misappropriated funds amounting to 1.567 billion yuan.

ST Huawei announced that starting from May 6, 2025, the company has been subject to delisting risks and other risk warnings. If by the end of 2025, the company still does not meet the conditions for cancellation or has not applied, the stock will face the risk of delisting. As of August 15, 2025, the company has recovered a total of 1.567 billion yuan of funds and interest from its former controlling shareholder and related parties, and the other risk warnings have been revoked. Currently, the company is proceeding with the preparation and audit of the 2025 annual report in an orderly manner. The on-site audit is in the stage of collecting audit working papers, and the annual report is scheduled to be disclosed on April 21, 2026.