Yazhen Home Furnishings' stock price has increased tenfold in 7 months. The new controlling shareholder has no plans to list through a reverse merger in the next 36 months.

date
12/11/2025
On November 11th, *ST Yazhen issued a stock trading risk warning. As of now, the controlling shareholder Wu Tao of the company has no clear plan to change the company's main business or make significant adjustments to the main business in the next 36 months, nor does he have a clear plan to sell, merge, joint venture or cooperate with others on the main assets and business of the company and its subsidiaries, nor does the company have a clear restructuring plan to purchase or replace assets, or to list other assets controlled by it through the reverse shell listing of the company. During the period from the lowest price on April 8, 2025 to the closing price on November 11th, the stock price of Yazhen Home has accumulated a 1024.04% increase, with the stock trading reaching abnormal fluctuations 15 times. According to the latest rolling price-to-earnings ratio and price-to-book ratio data published on the official website of China Securities Index Co., Ltd., the company's latest rolling price-to-earnings ratio is a loss; the price-to-book ratio is 53.51, significantly higher than the industry average.