ST Qingyue: Stock hits the upper limit with significant fluctuations, posing a major risk of mandatory delisting due to serious violations.

ST Qingyue announced that the company's stock hit the daily limit today, experiencing significant fluctuations after excluding overall market factors, reminding investors to be aware of risks in the secondary market. On May 8, 2026, the company received the "Notice of Administrative Penalty Pre-Decision" from the China Securities Regulatory Commission, which may involve significant illegal activities, or it may face compulsory delisting due to major violations. Its A-shares will be subject to delisting risk warnings starting from May 12. If related circumstances arise, trading of the stock will be suspended and delisted from the date of disclosure of the administrative penalty decision. Additionally, the company was placed under other risk warnings on April 30, and the related risks have not yet been eliminated.