ST Modern: Applies for the revocation of the delisting risk warning, trading will resume on July 20th.

date
16/07/2026
*ST Modern announced that if the company's audited profits, total assets, and revenue in 2024 are all negative and the revenue is less than 300 million RMB, the stock will be subject to delisting risk warning starting from April 29, 2025. In 2025, the company achieved a revenue of 488 million RMB, but a net loss of 44.9113 million RMB. The company believes it meets the conditions for revocation and has applied to the Shenzhen Stock Exchange, which has granted approval. The company's stock will be suspended on July 17 for one day, and will resume trading on July 20 under the new name "Modern Avenue", with a 10% limit on changes in stock price.