ST Wanfang: Revenue forecast for 2025 is 2-2.5 billion, company faces delisting risk due to low stock price.

ST Wanfang announced that the company expects operating income of 200-250 million yuan for the year 2025, with net operating income after deductions of 150-200 million yuan, a total profit of -55 to -40 million yuan, net profit attributable to shareholders of the listed company of -50 to -35 million yuan, and non-recurring net profit after deductions of -22 to -15 million yuan. Due to the failure to meet revenue targets and the retention of opinions on the 2024 financial report, the company's stock may be delisted for financial reasons. In addition, the company's stock has been trading at limit up for several days since February 10, which poses speculative risks. Furthermore, an investigation is still ongoing, and if major violations are found leading to mandatory delisting, the company's stock may be forcibly delisted.