关于公司股票将被实施退市风险警示的 第三次风险提示公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 证券代码：600265 证券简称：ST 景谷 公告编号：2026-009 云南景谷林业股份有限公司 依据《上海证券交易所股票上市规则》第 9.3.2 条规定，云南景谷林业股 份有限公司（以下简称"公司"）股票将被上海证券交易所实施退市风险警示，敬 请广大投资者注意投资风险。 一、将被实施退市风险警示的原因 经公司财务部门初步测算，预计 2025 年年度实现利润总额为-40,000.00 万元 到-34,500.00 万元；预计 2025 年年度实现归属于母公司所有者的净利润为 -26,500.00 万元到-21,500.00 万元；预计 2025 年年度实现归属于母公司所有者的 扣除非经常性损益后的净利润为-15,000.00 万元到-11,000.00 万元。 2026 年 1 月 27 日，公司披露了《关于公司股票将被实施退市风险警示的风 险提示公告》（公告编号：2026-004）。2026 年 3 月 ...

Core Viewpoint - The company, Yunnan Jinggu Forestry Co., Ltd., is facing significant legal and financial challenges due to the alleged contract fraud by the former controlling shareholders of its recently acquired subsidiary, Tangxian Huiyin Wood Industry Co., Ltd. [1][4] Group 1: Acquisition and Financial Impact - In February 2023, the company completed the acquisition of a 51% stake in Huiyin Wood for a total payment of 270.3 million yuan, with the former shareholders receiving 110.2 million yuan each [2] - Following the acquisition, the subsidiary faced legal issues, leading to the freezing of its bank accounts and major assets, ultimately resulting in its suspension of operations [2] - To mitigate risks, the company sold its 51% stake in Huiyin Wood for 133.37 million yuan in December 2025, which is approximately 49.34% of the original acquisition cost [2] Group 2: Legal and Ethical Concerns - The former shareholders, Cui Huijun and Wang Lanchun, failed to disclose their involvement in private lending and made false commitments regarding the financial health of Huiyin Wood, which constitutes a deliberate concealment of critical information [3] - The company has reported the alleged fraudulent activities to the local police, indicating a serious breach of trust and potential legal repercussions for the former shareholders [4] Group 3: Financial Performance - The company has experienced negative net profits over the past few years, with figures of -18.39 million yuan in 2020, -28.20 million yuan in 2021, and -22.27 million yuan in 2022 [4] - The projected net profits from Huiyin Wood for 2023, 2024, and 2025 were promised to be 43.53 million yuan, 57.67 million yuan, and 64.04 million yuan respectively, totaling 165.24 million yuan, which now appears unattainable due to the fraud [5]

在公司收购汇银木业期间，崔会军、王兰存作为信息披露义务人，未向公司 及中介机构如实披露其二人利用汇银木业进行民间借贷的情况，并对相关事项作 出了不实的承诺与保证，存在刻意隐瞒行为；并且在 2025 年 4 月民间借贷诉讼 陆续爆发后，直至崔会军、王兰存失联前，公司及中介机构曾多次向二人核实相 关情况，二人均持续隐瞒其存在大量民间借贷的事实。 崔会军、王兰存上述行为涉嫌通过欺诈方式将存在瑕疵的资产出售给公司， 证券代码：600265 证券简称：ST 景谷 公告编号：2026-007 云南景谷林业股份有限公司 关于公司报案后收到《立案告知书》的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 云南景谷林业股份有限公司（以下简称"公司"）于近日收到河北省唐县公 安局出具的《立案告知书》，公司原控股子公司唐县汇银木业有限公司（以下简 称"汇银木业"）原实际控制人崔会军涉嫌合同诈骗案，已被公安机关立案。现 将案件具体情况公告如下： 一、基本情况 公司于 2023 年完成收购汇银木业 51%股权的重大资产重组事项。自 2025 年 4 ...

证券代码：600265 证券简称：ST 景谷 公告编号：2026-008 云南景谷林业股份有限公司 关于涉及诉讼事项的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 二、本次诉讼的进展情况 近日，公司收到正定法院送达的（2025）冀 0123 民初 7555 号《民事裁定书》， 具体情况如下： 重要内容提示： ●案件所处的诉讼阶段：一审裁定 ●上市公司所处的当事人地位：云南景谷林业股份有限公司（以下简称"公司" 或"景谷林业"）及公司原控股子公司唐县汇银木业有限公司（以下简称"汇银木 业"）、汇银木业原实际控制人崔会军、王兰存为被告 ●涉案的金额：包括本金 6,000 万元及相应利息 ●是否会对上市公司损益产生负面影响：鉴于本次裁定为一审裁定，最终该 案件对公司本期利润或期后利润是否存在影响，将以会计师事务所审计确认的结 果为准。 一、本次诉讼的基本情况 2025 年 9 月，汇银木业收到河北省正定县人民法院（以下简称"正定法院"） 送达的（2025）冀 0123 民初 7555 号《民事起诉状》《应诉通知书》等相关 ...

Core Viewpoint - ST Jinggu is facing significant financial challenges, with projected losses for 2025 and a risk of delisting if performance does not improve [1][4][8]. Financial Performance - In 2025, ST Jinggu expects a total profit of between -400 million to -345 million yuan, with a net profit attributable to shareholders ranging from -265 million to -215 million yuan [7][8]. - The company's revenue is projected to be between 175 million to 205 million yuan, with core business revenue estimated at 145 million to 165 million yuan, which is below the 300 million yuan threshold [6][8]. Business Developments - ST Jinggu has struggled with losses for several years and attempted to turn around its fortunes by acquiring a 51% stake in Huiyin Wood Industry for over 200 million yuan in 2022, which initially led to a profitable year in 2023 [2][20]. - However, Huiyin Wood Industry has since incurred losses, negatively impacting ST Jinggu's overall performance, leading to the divestment of this asset to its controlling shareholder, Zhou Dafu Investment [3][17]. Asset Management - The acquisition of Huiyin Wood Industry resulted in a goodwill of 91.95 million yuan, but due to unmet performance targets, ST Jinggu had to write down goodwill by 83.32 million yuan in 2024 [16]. - ST Jinggu has also received a new asset, a 51% stake in Shanghai Boda Intelligent Technology Co., which was gifted by Zhou Dafu Investment, although this new asset's financial viability is uncertain [22][23]. Market Position - The company is currently navigating a precarious financial situation, with insufficient revenue and ongoing operational challenges, raising concerns about its ability to sustain itself in the market [5][21].

经公司财务部门初步测算，预计 2025 年年度实现利润总额为-40,000.00 万元 到-34,500.00 万元；预计 2025 年年度实现归属于母公司所有者的净利润为 -26,500.00 万元到-21,500.00 万元；预计 2025 年年度实现归属于母公司所有者的 扣除非经常性损益后的净利润为-15,000.00 万元到-11,000.00 万元。 预计 2025 年年度实现营业收入 17,500.00 万元到 20,500.00 万元；预计扣除 与主营业务无关的业务收入和不具备商业实质的收入后的营业收入为 14,500.00 万元到 16,500.00 万元，低于 3 亿元，将触及《上海证券交易所股票上市规则》 第 9.3.2 条（一）"最近一个会计年度经审计的利润总额、净利润或者扣除非经常 性损益后的净利润孰低者为负值且营业收入低于 3 亿元，或追溯重述后最近一个 会计年度利润总额、净利润或者扣除非经常性损益后的净利润孰低者为负值且营 业收入低于 3 亿元"规定的对公司股票实施退市风险警示的情形，公司股票在 2025 年年度报告披露后将被实施退市风险警示（在公司股票简称前加"*ST"）。 证券 ...

Stock Performance - ST Jinggu expects to be subject to delisting risk warning after the disclosure of the 2025 annual report, with an estimated net profit attributable to shareholders ranging from -265 million to -215 million yuan, and operating revenue below 300 million yuan, triggering relevant provisions of the Shanghai Stock Exchange listing rules [1] Recent Events - Cangzhou Bank has filed a lawsuit against ST Jinggu's former subsidiary, Huiyin Wood Industry, for a financial loan contract dispute involving 148 million yuan, seeking joint liability from ST Jinggu. The company denies providing guarantees, but the court has accepted the case, which may impact the company's debt risk [2] Project Progress - The company completed the major asset sale of 51% equity in Huiyin Wood Industry to its controlling shareholder, Zhou Dafu Investment, for 133 million yuan on December 22, 2025. Huiyin Wood Industry will no longer be included in the consolidated financial statements, but there are risks of delays in business registration changes. Zhou Dafu Investment has also gifted 51% equity in Boda Digital Technology to enhance the company's ongoing operational capacity, requiring attention to integration progress [3] Financial Condition - The expected loss in 2025 is primarily due to the suspension of operations at Huiyin Wood Industry and significant impairment provisions, with revenue in the first three quarters down 58.77% year-on-year [4] - On November 25, 2025, the company received an inquiry letter from the Shanghai Stock Exchange regarding the draft of a major asset restructuring, involving issues of prudence in prior acquisitions, with the response situation needing close monitoring [4]

Group 1 - The forestry sector increased by 2.35% on February 4, with Pingtan Development leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up 0.85%, while the Shenzhen Component Index closed at 14156.27, up 0.21% [1] - Major stocks in the forestry sector showed varied performance, with Pingtan Development closing at 10.75, up 2.87%, and ST Jinggu closing at 20.20, up 0.20% [1] Group 2 - The net inflow of main funds in the forestry sector was 223 million yuan, while retail funds experienced a net outflow of 170 million yuan [1] - Pingtan Development had a net inflow of 230 million yuan from main funds but saw a net outflow of 1.79 billion yuan from retail investors [2] - ST Jinggu experienced a net outflow of 790,100 yuan from main funds, with retail investors contributing a net inflow of 106,610 yuan [2]

Core Viewpoint - The company has completed the deregistration of its wholly-owned subsidiary, Fuyu Enterprise Management (Beijing) Co., Ltd., to optimize resource allocation and reduce management costs [1][2]. Group 1: Basic Information on Deregistration - The name of the subsidiary is Fuyu Enterprise Management (Beijing) Co., Ltd. [1] - The registered capital of the subsidiary was RMB 50 million [1]. - The subsidiary was established on April 3, 2019, and was a limited liability company [1]. - The legal representative was Wu Yu, and its address was in Chaoyang District, Beijing [1]. - The business scope included enterprise management, consulting, and trade [1]. Group 2: Reasons for Deregistration - The decision to deregister the subsidiary was based on the company's actual operating conditions and future business development plans [1]. - The aim is to optimize resource allocation, streamline investment structure, and improve operational management efficiency [1]. Group 3: Impact of Deregistration - The deregistration will not have a significant impact on the company's consolidated financial statements or its profitability and daily operations [2]. - There are no adverse effects on the interests of the company and its shareholders, nor does it involve management changes or personnel arrangements [2]. - Following the deregistration, the company will adjust the scope of its consolidated financial statements accordingly [2].

关于注销全资子公司并完成注销登记的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 近日，云南景谷林业股份有限公司（以下简称"公司"）收到了北京市朝阳 区市场监督管理局发出的《注销核准通知书》，已办理完成全资子公司福誉企业 管理（北京）有限公司（以下简称"福誉北京"）的注销登记手续。根据《公司 法》和公司章程的有关规定，上述事项不涉及关联交易，不构成重大资产重组， 无需提交公司董事会和股东会审议。 一、注销全资子公司的基本情况 二、注销全资子公司的原因 根据公司的实际经营情况和后续业务发展规划，为优化资源配置，精简投 资结构，降低管理成本，提高运营管理效率，公司决定注销全资子公司福誉北 京。 证券代码：600265 证券简称：ST 景谷 公告编号：2026-005 云南景谷林业股份有限公司 三、注销全资子公司对公司的影响 本次注销事项不会对公司合并财务报表数据产生重大影响，对公司盈利水 平及日常经营不会产生实质影响，不存在损害公司和股东利益的情形，亦不涉 及管理层变动、人员安置、土地租赁等情况。本次注销完成后，公司将相应调 ...