（文章来源：证券时报网） 市场表现方面，上述低价股中，今日上涨的有15只，涨幅居前的有*ST苏吴、ST岭南、荣盛发展，分别 上涨5.08%、2.16%、1.85%。下跌的有3只，跌幅居前的有重庆钢铁、山东钢铁、辽港股份，跌幅分别 为0.69%、0.68%、0.62%。（数据宝） 低价股排名 | 代码 | 简称 | 最新收盘价（元） | 日涨跌幅（%） | 日换手率（%） | 市净率（倍） | 行业 | | --- | --- | --- | --- | --- | --- | --- | | 603388 | *ST元成 | 0.58 | | | 0.27 | 建筑装饰 | | 600200 | *ST苏吴 | 1.24 | 5.08 | 0.56 | 0.51 | 医药生物 | | 601005 | 重庆钢铁 | 1.43 | -0.69 | 1.81 | 0.77 | 钢铁 | | 000656 | *ST金科 | 1.45 | 1.40 | 0.96 | | 房地产 | | 600022 | 山东钢铁 | 1.47 | -0.68 | 0.81 | 0.83 | 钢铁 | | 600157 | 永泰能源 ...

流通市值低于20亿元部分个股一览 | 证券代码 | 证券简称 | 流通市值（亿元） | 总市值（亿元） | 市盈率（倍） | 申万行业 | | --- | --- | --- | --- | --- | --- | | 603388 | *ST元成 | 1.89 | 1.89 | - | 建筑装饰 | | 001260 | 坤泰股份 | 6.38 | 23.11 | 46.42 | 汽车 | | 301287 | 康力源 | 6.85 | 26.81 | 35.46 | 轻工制造 | | 301314 | 科瑞思 | 6.97 | 23.70 | 170.46 | 通信 | | 603307 | 扬州金泉 | 7.11 | 28.49 | 24.84 | 纺织服饰 | | 301309 | 万得凯 | 7.33 | 28.86 | 25.90 | 机械设备 | | 301105 | 鸿铭股份 | 7.34 | 22.32 | - | 机械设备 | | 301636 | 泽润新能 | 7.75 | 31.00 | 43.90 | 电力设备 | | 001366 | 播恩集团 | 7.93 | 22.90 | - ...

| 新股发行及今日交易提示 | 2025/11/24 | 星期一 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2025/11/24 | 新股发行 | 证券代码 | 证券简称 | 发行价格 | | | | | | | 787795 | 摩尔线程 | 114.28 | 2025/11/24 | 内地市场权益提示 | | | | | | | 类别 | 证券代码 | 证券简称 | 权益日期 | 最新公告链接 | https://www.cninfo.com.cn/new/disclosure/detail?stockCode=605255&announcementId=12248099 | 要约收购 | 要约申报期：2025年11月20日至2025年12月19日 | 605255 | 天普股份 | | 28&orgId=9900039799&announcementTime=2025 | -11-18 | https://www.cninfo.com.cn/new/disclosure/detail?s ...

| 侵意識 | | | --- | --- | | 临时停牌(3)家 | | | 超直雕科(688237.SH) | 停牌一天,刊登重要公告 | | 别众龄价(603037.SH) | 停牌一天,拟籍划童大资产童组 | | 佳华科技(688051.SH) | 停牌一天,拟筹划重大资产重组 | | 继续停牌(9)家 | | | *ST元成(603388.SH) | 继续停牌 (起始停牌日期:2025-11-11) : 今日停牌原因:刊登望要公告 | | *ST广道(920680.BJ) | 继续停牌(起始停牌日期:2025-09-15);今日停牌原因:刊登車要公告 | | *STIE平(603843.SH) | 继续停牌 (起始停牌日期: 2025-11-19) : 今日停牌原因:交易异常波动 | | 东兴证券(601198.SH) | 继续停牌 (起始停牌日期:2025-11-20);今日停牌原因:拟魔划重大资产重组 | | 杭汽轮B(200771.SZ) | 继续停牌 (起始停牌日期: 2025-11-05) : 今日停牌原因:刊登里要公告 | | 信达证券(601059.SH) | 继续停牌 (起始停牌日 ...

Core Insights - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] Market Overview - As of November 20, there are 922 stocks with a circulating market value below 3 billion yuan, and 358 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,650 stocks have a total market value below 5 billion yuan, with 513 stocks below 3 billion yuan [1] Smallest Market Capitalization Stocks - The three stocks with the smallest circulating market values are: - *ST Yuan Cheng: 189 million yuan - Kuntai Co., Ltd.: 646 million yuan - Kangliyuan: 700 million yuan [1] - The three stocks with the smallest total market values are: - *ST Yuan Cheng: 189 million yuan - *ST Su Wu: 761 million yuan - *ST Chang Yao: 991 million yuan [1] Selected Stocks with Low Market Value - A list of stocks with circulating market values below 2 billion yuan includes: - *ST Yuan Cheng: 1.89 billion yuan, PE ratio: N/A, Industry: Construction Decoration - Kuntai Co., Ltd.: 646 million yuan, PE ratio: 47.02, Industry: Automotive - Kangliyuan: 700 million yuan, PE ratio: 36.26, Industry: Light Industry Manufacturing - Others include stocks from various industries such as communication, textiles, and machinery [1][2]

Core Points - The average stock price of A-shares is 13.67 yuan, with 22 stocks priced below 2 yuan, the lowest being *ST Yuan Cheng at 0.58 yuan [1] - Among the low-priced stocks, 8 are ST stocks, accounting for 36.36% of the total [1] - The Shanghai Composite Index closed at 3931.05 points as of November 20 [1] Low-Priced Stocks Summary - The lowest priced stock is *ST Yuan Cheng at 0.58 yuan, with a market sector of construction decoration [1] - *ST Su Wu and *ST Jin Ke follow with closing prices of 1.07 yuan and 1.48 yuan, respectively, in the pharmaceutical and real estate sectors [1] - Among the low-priced stocks, 6 increased in price today, with *ST Su Wu leading at a 4.90% increase [1] Market Performance - 10 low-priced stocks experienced declines, with ST Yi Gou and *ST Hui Feng showing the largest drops at 2.21% and 2.17%, respectively [1] - The trading volume for *ST Su Wu was notable with a turnover rate of 10.86% [1] - The price-to-book ratio for *ST Yuan Cheng is 0.27, indicating a low valuation compared to its book value [1]

Group 1: New Stock Offerings - Tianpu Co., Ltd. (Stock Code: 605255) has a tender offer period from November 20, 2025, to December 19, 2025[1] - Hangzhou Steam Turbine Co., Ltd. (Stock Code: 200771) has a cash option declaration period from November 19, 2025, to November 25, 2025[1] - Central Plaza (Stock Code: 600280) announced on November 20, 2025[1] Group 2: Stock Performance Alerts - Moen Electric (Stock Code: 002451) reported severe abnormal fluctuations on November 14, 2025[1] - ST Yuancheng (Stock Code: 603388) reported severe abnormal fluctuations on November 11, 2025[1] - ST Keli Da (Stock Code: 603828) reported severe abnormal fluctuations on November 12, 2025[1] Group 3: Recent Announcements - Jiumuwang (Stock Code: 601566) announced on November 20, 2025[1] - Taiping Bird (Stock Code: 603877) announced on November 20, 2025[1] - Huaci Co., Ltd. (Stock Code: 001216) announced on November 20, 2025[1]

Core Insights - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] Market Overview - As of November 19, there are 907 stocks with a circulating market value below 3 billion yuan, and 347 of these have a circulating market value below 2 billion yuan [1] - A total of 1,633 stocks have a total market value below 5 billion yuan, with 506 stocks having a total market value below 3 billion yuan [1] Smallest Stocks - The three stocks with the smallest circulating market values are: - *ST Yuan Cheng: 189 million yuan - Kuntai Co., Ltd.: 653 million yuan - Kangliyuan: 702 million yuan [1] - The three stocks with the smallest total market values are: - *ST Yuan Cheng: 189 million yuan - *ST Su Wu: 725 million yuan - *ST Chang Yao: 827 million yuan [1] Selected Small-Cap Stocks - A list of notable small-cap stocks with their respective circulating and total market values, P/E ratios, and industry classifications is provided, highlighting various sectors such as construction, automotive, and healthcare [1]

Core Points - The average stock price of A-shares is 13.75 yuan, with 23 stocks priced below 2 yuan, the lowest being *ST Yuan Cheng at 0.58 yuan [1] - As of November 19, the Shanghai Composite Index closed at 3946.74 points, indicating a relatively low proportion of both high-priced and low-priced stocks in the A-share market [1] Low-Priced Stocks Summary - Among the low-priced stocks, 8 are ST stocks, accounting for 34.78% of those priced below 2 yuan [1] - The stocks that increased in price today include *ST Su Wu, ST Lingnan, and *ST Hui Feng, with gains of 5.15%, 4.30%, and 1.66% respectively [1] - The majority of low-priced stocks, 19 in total, experienced declines, with Rongsheng Development, Yatai Group, and Beichen Industry showing the largest drops of 5.46%, 3.88%, and 3.54% respectively [1] Low-Priced Stocks Ranking - The table lists various low-priced stocks along with their latest closing prices, daily price changes, turnover rates, price-to-book ratios, and industries [1] - Notable stocks include *ST Yuan Cheng at 0.58 yuan, *ST Su Wu at 1.02 yuan, and *ST Jin Ke at 1.48 yuan, with varying daily performance and industry classifications [1]

Core Viewpoint - Yuan Cheng Environment Co., Ltd. is facing a potential delisting from the Shanghai Stock Exchange due to its market capitalization falling below 500 million yuan for 20 consecutive trading days, with its stock price dropping to 0.58 yuan per share and a total market value of only 190 million yuan [1] Group 1: Delisting Risks - The delisting crisis for *ST Yuan Cheng is attributed to three overlapping risks: trading-related, financial-related, and major legal violations [2] - Since May 6, *ST Yuan Cheng has been under financial delisting risk warning from the Shanghai Stock Exchange, and since October 13, it has faced additional major legal violation warnings [2] - In October 2025, the Zhejiang Securities Regulatory Bureau issued a notice revealing that the company’s annual reports from 2020 to 2022 contained false records, and the 2022 private placement of shares constituted fraudulent issuance [2] Group 2: Financial Misconduct - The notice from the Zhejiang Securities Regulatory Bureau identified two main methods of financial fraud by *ST Yuan Cheng: inflating costs and revenues related to the Yue Long Shan project, and failing to account for discrepancies in the Huaiyin project, leading to inflated revenues in the 2022 annual report [2][3] - The company’s 2022 private placement documents were also found to contain significant false information [3] - The Zhejiang Securities Regulatory Bureau plans to impose a fine of 37.45 million yuan on *ST Yuan Cheng and a total of 42 million yuan in fines on five responsible individuals, including the actual controller and former chairman Zhu Changren, who faces a personal fine of 28 million yuan [3][4] Group 3: Failed Business Transformation - Established in 1999, *ST Yuan Cheng originally focused on environmental services but has deviated from its core business by pursuing market trends, including entering the semiconductor sector [5] - The strategic shift did not yield expected results, with annual revenue declining due to market contraction and increased competition, and the semiconductor business failing to provide effective profit support [5] - The company transferred its equity in Silicon Mi Electronics in May 2025, marking a retreat from its semiconductor strategy and an attempt to refocus on its core business [5] - From 2022 to 2024, *ST Yuan Cheng reported cumulative net losses exceeding 500 million yuan, and despite a slight revenue increase of 0.1% in the first three quarters of 2025, it still incurred a net loss of 143 million yuan [5]