Stone: Recently, the stock price has been fluctuating greatly, and the company is facing the risk of financial delisting.

ST Rock announced that the company's stock price has recently fluctuated greatly, with a limit up on a certain day in 2026. The company has disclosed abnormal fluctuations in stock trading and issued clarifications multiple times. As of the date of the announcement, the company and its controlling shareholders have no major undisclosed matters to disclose. The revenue for the first three quarters of 2025 was 34.7621 million yuan, with a net loss of 112 million yuan. It is expected that the revenue for the full year of 2025 will be less than 100 million yuan and the profit will be negative, possibly leading to a financial delisting situation. In addition, a qualified opinion was issued on the company's 2024 financial report, and it is uncertain whether the related issues can be resolved. The shares of the controlling shareholder have been frozen by the judiciary, and the actual controller, Han Xiao, has been taken into custody by criminal enforcement measures.