ST Ruimao: Abnormal volatility in stock trading indicates multiple risks.

ST Ruimao announced that the company's stock has experienced abnormal fluctuations, with a cumulative deviation in the closing price exceeding 12% for three consecutive trading days on June 17, June 18, and June 22, 2026. Due to debt defaults and lawsuits, sales volumes in various business categories have decreased, leading to a 90.69% year-on-year decrease in revenue in the first quarter of 2026 and a negative net profit attributable to the parent company. The controlling shareholder and ultimate controller's shares have been judicially marked/frozen and are subject to a waiting freeze, as the company faces multiple instances of debt defaults and lawsuits. The 2025 annual financial report was given an audit opinion stating inability to express an opinion, and as of April 30, 2026, the company has been subject to delisting risk warnings.