ST Jinggu warned of multiple risks, uncertainties regarding changes in stock prices and reorganization matters.

On August 13-15, 2025, ST Jinggu's stock price consecutively increased by over 12% for three trading days, and on the 18th, it hit the upper limit again. The company issued a risk warning: first, the stock price fluctuates greatly, possibly leading to a short-term rise followed by a decline; second, the planned sale of 51% equity of Huiyin Wood Industry is still in the planning stage, the transaction is uncertain, and it may trigger a delisting warning; third, Huiyin Wood Industry is involved in 12 property preservation and litigation cases, involving approximately 95.15 million yuan, affecting the company's operations; fourth, Huiyin Wood Industry's two production lines have been shut down, and the resumption time is uncertain; fifth, Huiyin Wood Industry has approximately 19 million yuan of inventory losses, which may be difficult to make up for; sixth, the company's performance for the first half of 2025 is expected to significantly decline; seventh, the company has been under other risk warnings since April 30, and the situation has not been resolved.