ST Shanghai Science and Technology: Abnormal stock price fluctuations, facing multiple risks such as being delisted and filed for investigation.

ST Hu Ke announced that the company's stock had a cumulative deviation margin of 12% for three consecutive days from December 15 to 17, 2025, indicating abnormal volatility. The company was investigated by the China Securities Regulatory Commission on December 12 for suspected illegal disclosure of information. In 2024, the company's revenue was 17.2267 million yuan, with a net loss of 5.6828 million yuan. In the first three quarters of 2025, revenue was 5.4403 million yuan and net profit was 1.062 million yuan. If the annual profit for 2025 is negative and the revenue is less than 300 million, the stock will be delisted. Additionally, the situation of the original controlling shareholder's fund occupation has not been resolved, and there are outstanding prepayments with main suppliers or bad debts to be written off, as well as incomplete transfer of controlling shareholder's equity and existing pledges and freezes.