ST Rock: The company's stock may be delisted due to its market value being less than 500 million yuan.

*ST announcement: As of April 17, 2026, the total market value of the company is 361 million RMB, which has been continuously below 500 million RMB for 10 consecutive trading days. According to Article 9.2.1 of the Stock Listing Rules, if a listed company appears to have a total market value of less than 500 million RMB for 20 consecutive trading days on the Shanghai Stock Exchange, the SSE will decide to terminate the listing of the company. The company's stock may be delisted due to the market value falling below 500 million RMB.