ST Hongda: The company's stock will continue to be subject to additional risk warnings starting from April 24th.
ST Hongda announcement: The company's stock will continue to be subject to additional risk warnings starting from April 24, 2026. Lianda Certified Public Accountants issued an unqualified audit report with a paragraph of material uncertainty regarding the company's ability to continue as a going concern in the financial statements for Shanghai Hongda New Materials Co., Ltd. for the year 2025. The company's net profit before and after deducting non-recurring gains and losses for the years 2023, 2024, and 2025 are all negative. According to relevant regulations, the company's stock will continue to be subject to additional risk warnings.
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