ST Asia Pacific: Announcement of Possible Third Risk Warning for Stock Suspension from Trading
*ST Asia Pacific announced that the company's audited net assets at the end of 2024 were negative, and it has been subject to delisting risk warnings since April 30, 2025. If the relevant circumstances specified in the "Shenzhen Stock Exchange Stock Listing Rules" occur in 2025, the company's stock will face the risk of delisting. In 2025, the company received a donation of 73 million yuan in cash from a restructuring investor, had 75 million yuan in debt waived by its original controlling shareholder Guangzhou Wanshun, and the restructuring plan has been completed. The company expects its net assets to turn positive in 2025, but this has not been audited. This is the third risk warning notice, reminding investors to pay attention to the risks.*
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