ST Zhengping: Warns of multiple risks that may lead to the delisting of the company's stock.

In the announcement from ST Zhengping, it was stated that the company's stock has been delisted and other risk warnings have been implemented. Currently, the annual auditor is still auditing the 2025 financial report, and it is uncertain whether the year-end net assets are positive. Additionally, the work to eliminate the non-standard audit opinion for the 2024 financial report has not been completed. If the 2025 net assets are negative, a non-unqualified opinion is issued for the financial report, the internal control audit report remains negative or unable to express an opinion, the company's stock will face delisting. In addition, the company's stock price has recently fluctuated greatly, there is uncertainty in the declaration of restructuring debt rights, and there are risks of asset impairment, fund occupation, unauthorized guarantees, insufficient mineral mining capacity, and freezing of mining rights.