ST Jiuding: Abnormal Stock Price Fluctuations Indicate Delisting and Operational Risks

date
03/07/2026
ST Jiuding announcement stated that the company's stock had a cumulative deviation value of over 12% in closing prices for three consecutive trading days from July 1st to 3rd, 2026, indicating abnormal fluctuations. Due to the company's revenue for the year 2025 being less than 300 million yuan and a negative net profit, the stock was issued a delisting risk warning on April 30th. If the revenue for the year 2026 is less than 300 million yuan and the total profit, pre and post non-recurring profit, whichever is lower, is negative, the stock will be delisted after the annual report is disclosed. In the first quarter of 2026, the company's revenue was 26.6576 million yuan, a year-on-year decrease of 28.93%; net profit was a loss of 34.2076 million yuan, an increase in losses of 2.82% year-on-year. Upon self-inspection, the company found no undisclosed information, and reminded investors to be aware of the risks.