Announcement on the Implementation of Delisting Risk Warning and Suspension of Trading for Company Shares

About this update from Gansu Mogao Industrial Development Co., Ltd. Class A

Announcement on the Implementation of Delisting Risk Warning and Suspension of Trading for Company Shares According to relevant regulations, the Company's stocks will be suspended for 1 day on April 24, 2026, and it will resume trading from the opening of the market on April 27, 2026, when the delisting risk warning will be implemented. After the implementation of the delisting risk warning, the Company's stocks will be traded on the Risk Warning Board, and the daily trading limit of the share price will be 5% (subject to changes in the rules). Following this implementation, the share abbreviation will be changed to from “MOGAO” TO “*ST MOGAO”.The abstract is for reference only. Please refer to the full text of the announcement on the very day.Link of Full Text for Reference:View Attachment

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