*ST Huifeng: Received a warning letter from Jiangsu Securities Regulatory Bureau

*ST Huifeng announcement. The company received a decision document from the Jiangsu Securities Regulatory Bureau on March 18, 2026, titled “Decision on Taking Warning Letter Measures Against Jiangsu Huifeng Bio-Agricultural Co., Ltd., Zhong Han gen, Pei Bai ping, Wei Guang quan, and Yang Jin hua.” After investigation, the company entered into a transfer agreement with the relevant parties in July 2018 regarding the transfer of a 49% equity interest in Shijiazhuang Ruikai Chemical Co., Ltd., and the agreement set a transaction price of RMB 270 million. The company’s relevant statements in its annual reports for 2018 to 2020 regarding the equity transaction price were inaccurate, violating the relevant provisions of the “Measures for the Administration of Information Disclosure by Listed Companies.”

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