*ST Jingfeng: Restructuring Plan Execution Completed, Application Submitted to Shenzhen Stock Exchange to Revoke Delisting Risk Warning

*ST Jingfeng announces that the cumulative deviation of the closing price increase over two consecutive trading days has reached 13.68%, indicating an abnormal fluctuation in stock trading. At the same time, the company’s stock price has recently experienced significant volatility, with risks of market overexcitement and irrational speculation. If the company’s stock price continues to rise in the future, the company may apply to the Shenzhen Stock Exchange for suspension and investigation. Since the company’s restructuring plan has been completed, the company has applied to the Shenzhen Stock Exchange to revoke the delisting risk warning triggered by the acceptance of restructuring by the Intermediate People’s Court of Changde City, Hunan Province, in accordance with the relevant provisions of the Shenzhen Stock Exchange Listing Rules. Whether the Shenzhen Stock Exchange will agree remains uncertain. Given that the company faces other risk warnings (ST), if the application for revoking the delisting risk warning triggered by restructuring is approved by the Shenzhen Stock Exchange, the company’s stock will continue to be subject to other risk warnings (ST), and the stock abbreviation will be changed to “ST Jingfeng.” The daily price fluctuation limit remains at 5%.