ST YAZHEN: Stock trading abnormal volatility will be suspended for investigation.
ST Yazhen announced that the closing price of the company's stock from July 11 to July 15, 2025, has cumulatively increased by 15.87%, with a significant deviation in short-term growth compared to the Shanghai Composite Index and the furniture manufacturing industry during the same period. The company's stock has been suspended from trading since the opening of the market on July 16, 2025, and is expected to resume trading after the disclosure verification announcement within a period not exceeding 3 trading days. The company faces significant production and operational risks, with a negative net profit after deducting non-recurring gains and losses in 2024, and operating income below 300 million yuan, triggering a delisting warning. The company expects a net profit attributable to the shareholders of the listed company in the first half of 2025 to be between -39.5 million yuan and -33 million yuan, with a net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses between -38 million yuan and -32 million yuan.
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