Fujian Haiqin Energy: Poor performance in 2024, stock faces risk of delisting.

Fujian Haiqin Energy announced that its non-recurring net profit before and after deduction for the audit of the year 2024 was negative, with revenue below 300 million yuan, and the net assets at the end of the period were negative. The company's stock has been subject to delisting risk warning and other risk warnings since April 29, 2025. In 2024, the company's total profit was -213 million yuan, net profit attributable to shareholders was -236 million yuan, non-recurring net profit was -255 million yuan, revenue after deducting related income was 246 million yuan, and net assets attributable to shareholders were -3.44 million yuan. If the relevant financial indicators for 2025 trigger delisting conditions again, or if the conditions for revocation are not met, or if the company fails to apply within the prescribed period, the stock may be delisted. The company expects revenue in 2025 to be between 1.45 billion and 1.85 billion yuan.