China Reform Culture Holdings(600636.SH): The company's stock may be subject to delisting risk warning.

China Reform Culture Holdings (600636.SH) announced that the company is expected to achieve a total profit of -430 million to -350 million yuan in the year 2024. The net profit attributable to the owners of the parent company is expected to be -428 million to -348 million yuan, and the net profit after deducting non-recurring gains and losses attributable to the owners of the parent company is expected to be -474 million to -394 million yuan. It is expected that the operating income for the year 2024 will be 263 million to 293 million yuan, and the operating income after deducting business income unrelated to the main business and income without commercial substance will be 260 million to 290 million yuan, which is lower than 300 million yuan. According to the "Stock Listing Rules of the Shanghai Stock Exchange" Article 9.3.2, if the total profit, net profit, or net profit after deducting non-recurring gains and losses for the most recent audited accounting year is negative and the operating income is less than 300 million yuan, or the total profit, net profit, or net profit after deducting non-recurring gains and losses for the most recent accounting year after restatement is negative and the operating income is less than 300 million yuan, the company's stock may be subject to delisting risk warning after the disclosure of the 2024 annual report (denoted by "*ST" before the company's stock abbreviation).