ST Jinglun: Stocks may be delisted if their market value is less than 500 million yuan and their stock price is less than 1 yuan.

date
10/03/2026
ST Jinglun announced that the total market value of the company's stock on March 10, 2026, was 472 million yuan, which has been below 500 million yuan for two consecutive days; the closing price was 0.96 yuan, below 1 yuan on the first day. According to the rules, if the total market value of the stock at the closing price is below 500 million yuan or the closing price is below 1 yuan for 20 consecutive trading days, the Shanghai Stock Exchange will decide to delist the company's stock. In addition, the company is expected to have a negative net profit for the year 2025, with revenue below 300 million yuan after deducting relevant income, which may also trigger delisting after the annual report is disclosed.