Shanghai Lingang: Received the Administrative Supervision Measures Decision Letter from the Shanghai Securities Regulatory Bureau.

Shanghai Lingang Announcement: The company has received a decision on administrative supervision measures from the Shanghai Securities Regulatory Authority, as the financial data in the regular reports for 2022, 2023, and 2024 were inaccurate. The liabilities were underreported by 30.08 billion yuan, 51.67 billion yuan, and 52.76 billion yuan, while the owner's equity was overreported by the same amounts. Administrative supervision measures requiring correction have been taken. The Chairman, Weng Kaining, Yuan Guohua, CEO Liu Dehong, and CFO Yao Wei have all received warning letter measures.