ST Quan: there is uncertainty in the restructuring acceptance of abnormal fluctuations in stock trading.

ST Springs announced that the company's stock price fell by more than 30% from July 7th to July 9th, 2026, which is considered abnormal fluctuation. The company's previous disclosures have not been corrected or supplemented, and the recent operating and internal and external environments have not changed. The company is in the pre-reorganization stage and will announce further developments. There are no undisclosed significant events involving the company, controlling shareholders, etc. In addition, the company has not received formal acceptance documents for reorganization. If accepted, the stock will face delisting risk warning measures.