Core Viewpoint - ST Qibu, known as the "first children's shoe stock" in A-shares, is facing potential delisting due to expected losses in 2025, following the resignation of its secretary just 20 days after taking office [2][6][7]. Group 1: Company Overview - ST Qibu was established in 2009 and focuses on the design, research and development, production, and sales of children's shoes, clothing, and accessories [4]. - The company was listed on the Shanghai Stock Exchange in 2017 and is recognized for its core brand "ABCKIDS," targeting the mid-range market for children aged 3 to 13 [4]. Group 2: Financial Performance - ST Qibu has reported continuous losses for five consecutive years, with net profits attributable to shareholders of -480 million yuan in 2022, -656 million yuan in 2023, and -116 million yuan in 2024 [4]. - The company forecasts a net profit loss of between -128 million yuan and -178 million yuan for 2025, with revenue expectations between 150 million yuan and 200 million yuan, significantly below 300 million yuan [6]. Group 3: Regulatory and Legal Issues - The anticipated financial performance triggers delisting risk warnings under the Shanghai Stock Exchange rules, potentially leading to the stock being marked as *ST after the 2025 annual report [7]. - In 2021, the company faced regulatory scrutiny due to internal control issues and has been involved in legal proceedings for securities fraud, resulting in a fine of 10 million yuan [8].

证券代码：603557 证券简称：ST 起步 公告编号：2026-017 起步股份有限公司 关于董事会秘书离任的公告 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。 重要内容提示： 一、提前离任的基本情况 | 姓名 | 离任职务 | 离任时间 | | | 原定任期 到期日 | 离任原因 | 是否继续在上 市公司及其控 | 具体职务 | 是否存在 未履行完 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | 股子公司任职 | （如适用） | 毕的公开 | | | | | | | | | | | 承诺 | | 曹晔 | 董事会秘 | 2026 | 年 2 | | 2028年1月 | 个人原因 | 否 | 无 | 否 | | | 书 | 月 7 | 日 | 10 | 日 | | | | | 二、离任对公司的影响 根据《中华人民共和国公司法》等法律法规的相关规定，曹晔先生的辞职申 请自送达董事会之日起生效。曹晔先生辞去上述职位后 ...

Group 1 - The core point of the article is the resignation of Mr. Cao Ye as the Secretary of the Board of ST Qibu due to personal reasons, and the interim responsibilities taken over by the company's chairwoman, Ms. Chen Lihong [1] - The company will promptly hold a board meeting to appoint a new Secretary of the Board following Mr. Cao's resignation [1] Group 2 - The article highlights the trend of young individuals, particularly those born in the 2000s, taking on significant roles in A-share companies, which poses a major test of responsibility towards investors [1]

Group 1 - The company ST Qibu (603557.SH) announced that its board of directors recently received a written resignation from the board secretary, Mr. Cao Ye, who resigned due to personal reasons [1]

Group 1 - The company held its first extraordinary general meeting of shareholders on February 6, 2026, at a designated location in Huzhou, Zhejiang Province [2] - The meeting was convened by the board of directors, with the absence of the chairwoman, Chen Lihong, and was presided over by director Hu Peishi [2][3] - The voting method combined on-site and online voting, complying with relevant laws and regulations [2] Group 2 - All proposed resolutions were approved without any dissenting votes [2] - The resolutions included a proposal for the company's controlling subsidiary to provide external guarantees, a proposal to supplement the non-independent directors of the fourth board, and a proposal to adjust the guarantee limit for subsidiaries [4][5] - The first and third proposals were special resolutions requiring two-thirds approval, while the second was an ordinary resolution requiring a simple majority [5] Group 3 - The meeting was witnessed by lawyers from Zhejiang Tiance Law Firm, who confirmed that the meeting's procedures and voting were in compliance with legal requirements [5]

证券代码：603557 证券简称：ST 起步 公告编号：2026-016 起步股份有限公司 2026年第一次临时股东会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 168 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 216,623,806 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 34.7467 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次会议由公司董事会召集，董事长陈丽红女士因公缺席,未能主持本次会 议，经过半数以上董事推举，由董事胡培诗女士主持，会议采用现场投票和网络 (一) 股东会召开的时间：2026 年 2 月 6 日 (二) 股东会召开的地点：浙江省湖州市吴兴区湖织大道仁祥现代产业园 3 幢 会议室 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股 ...

浙江天册律师事务所 关于 下 天册律师事务所 下 * & C L W F I R M 法律意见书 起步股份有限公司 2026 年第一次临时股东会的 法律意见书 天册律师事务所 T & C LAW FIRM 浙江省杭州市杭大路 1 号黄龙世纪广场 A 座 11 楼 310007 电话: 0571-87901111 传真: 0571-87901500 = 天册律师事务所 法律意见书 浙江天册律师事务所 关于起步股份有限公司 2026 年第一次临时股东会的 法律意见书 编号:TCYJS2026H0126 号 致:起步股份有限公司 浙江天册律师事务所(以下简称"本所")接受起步股份有限公司(以下简称 "起步股份"或"公司"）的委托,指派本所律师参加公司 2026年第一次临时股 东会,并根据《中华人民共和国证券法》以下简称("证券法")、《中华人民共 和国公司法》(以下简称"公司法")和《上市公司股东大会规则》(以下简称"《股 东大会规则》")等法律、法规和其他有关规范性文件的要求出具本法律意见书。 在本法律意见书中,本所律师仅对本次股东会召集、召开程序、出席人员的资 格、召集人的资格、表决程序及表决结果的合法有效性发 ...

Core Viewpoint - The company, Qibu Co., Ltd., is facing significant risks related to stock price volatility, potential delisting, and ongoing financial losses, prompting a warning to investors about the associated risks [1][2][3]. Group 1: Financial Performance Risks - The company projects a net profit loss for the year 2025, estimated between -128 million to -178 million yuan, with a net profit loss excluding non-recurring items estimated between -118 million to -168 million yuan [2]. - The company has reported continuous net profit losses for five consecutive years, indicating a persistent financial struggle [3]. Group 2: Asset and Liability Concerns - As of September 30, 2025, the company's net assets attributable to shareholders were only 78.314 million yuan, with a high debt ratio of 88.95%, raising concerns about the sustainability of its financial position [4]. - The anticipated losses for 2025 will further reduce net assets, and potential asset impairments or legal liabilities could lead to a significant decline in net assets [4]. Group 3: Legal and Operational Risks - The company is currently involved in 26 legal cases, with a total amount in dispute of approximately 100.56 million yuan, which could adversely affect its operational funds and financial status if the outcomes are unfavorable [5]. - If the company loses any of these lawsuits and enters enforcement proceedings, its bank accounts and operational assets may be subject to judicial seizure or freezing [5]. Group 4: Disclosure and Transparency - The company's board confirms that there are no undisclosed significant matters that should have been disclosed according to relevant regulations, ensuring transparency in its communications with investors [6].

起步股份有限公司 证券代码：603557 证券简称：ST 起步 公告编号：2026-015 截至 2025 年 9 月 30 日，公司合并报表归属于上市公司股东的净资产仅为 7,831.40 万元，资产负债率达 88.95%，叠加公司预计 2025 年度归母净利润亏损 关于股票交易风险提示公告 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。 起步股份有限公司（以下简称"公司"）股票价格近期存在大幅波动的风险， 敬请广大投资者审慎理性决策，注意二级市场交易风险。现提示重要内容如下： 一、退市风险警示 根据公司 2025 年年度业绩预告，公司预计 2025 年度归属于上市公司股东的 净利润为-1.28 亿元至-1.78 亿元，归属于上市公司股东的扣除非经常性损益后的 净利润为-1.18 亿元至-1.68 亿元；预计实现营业收入 1.5 亿元至 2 亿元，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 1.5 亿元至 2 亿元，公司本次的业绩预告为公司财务部门初步核算，尚未经注册会计师审计， 如公司 2025 年 ...

起步股份有限公司 证券代码：603557 证券简称：ST 起步 公告编号：2026-014 股票交易异常波动公告 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： 第 1页共 3页 审慎投资。 一、股票交易异常波动的具体情况 公司股票于 2026 年 2 月 2 日、2026 年 2 月 3 日、2026 年 2 月 4 日连续 3 个交易日内日收盘价格涨幅偏离值累计超过 12%，根据《上海证券交易所交易规 则》的有关规定，属于股票交易异常波动情形。 二、公司关注并核实的相关情况 （一）经公司自查，公司日常经营活动正常，市场环境、行业政策没有发生 重大调整，内部生产经营秩序正常，不存在应披露而未披露的重大信息。 （二）经公司自查，并书面征询公司控股股东湖州鸿煜和实际控制人陈丽红， 截至本公告披露日，公司控股股东湖州鸿煜和实际控制人陈丽红均不存在筹划影 响公司股票异常波动的重大事项，不存在应披露而未披露的重大信息，包括但不 限于重大资产重组、发行股份、上市公司收购、债务重组、业务重组、资产剥离 等重大事项。 （三） ...