Core Viewpoint - The stock of ST Company experienced unusual volatility with a cumulative price deviation exceeding 12% over three consecutive trading days from February 2 to 4, 2026, prompting an internal review and inquiry [1] Financial Performance - The company forecasts a net loss for 2025 ranging from 128 million to 178 million yuan, with a non-recurring net profit loss estimated between 118 million and 168 million yuan, and revenue projected to be between 150 million and 200 million yuan [1] - If audited financial indicators do not meet standards, the company's stock will face delisting risk warnings [1] Shareholder and Management Status - The controlling shareholder, Huzhou Hongyu, and the actual controller, Chen Lihong, have confirmed that there are no undisclosed significant matters affecting the company [1]

Core Viewpoint - ST Qibu (603557) has announced a projected net loss for the fiscal year 2025, estimating a loss between 128 million to 178 million yuan, primarily due to intensified competition in the textile and apparel industry and deteriorating conditions for downstream distributors [1][5]. Financial Performance - The company expects a net profit attributable to shareholders of between -128 million to -178 million yuan for 2025, with a net profit excluding non-recurring gains and losses projected at -118 million to -168 million yuan [1][5]. - ST Qibu anticipates total operating revenue for 2025 to be between 150 million to 200 million yuan, with the same range applicable for revenue after excluding unrelated business income [1][5]. Risk of Delisting - The company may face a risk warning for delisting if the audited profit total, net profit, or net profit excluding non-recurring gains and losses is negative, and if the operating revenue falls below 300 million yuan [1][5]. - The stock may be marked with "*ST" after the disclosure of the 2025 annual report if these conditions are met [5]. Historical Performance - ST Qibu has reported losses for five consecutive years from 2020 to 2024, with cumulative losses amounting to approximately 1.789 billion yuan [6][7]. - The company's debt-to-asset ratio was reported at a high of 88.95% as of the end of the third quarter of 2025 [7]. Market Reaction - On January 29, the stock experienced a temporary surge, reaching a limit up, and was trading at 2.67 yuan per share, with a market capitalization of 1.665 billion yuan [7]. - The stock price has significantly declined from over 30 yuan at the time of listing, reflecting a market value reduction of approximately 17.8 billion yuan over the years [10].

Core Viewpoint - The company, Qibu Co., Ltd., has announced a projected net loss for the year 2025, indicating significant financial challenges ahead, which may lead to a risk warning for its stock due to potential delisting [2][12]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders for 2025 to be between -128 million yuan and -178 million yuan [2][4]. - The projected net profit, excluding non-recurring gains and losses, is estimated to be between -118 million yuan and -168 million yuan [2][4]. - The anticipated operating revenue for 2025 is expected to be between 150 million yuan and 200 million yuan, with the same range applicable after excluding unrelated business income [2][4]. Group 2: Previous Year Comparison - In 2024, the company reported a total profit of -116.69 million yuan and a net profit attributable to shareholders of -116.44 million yuan [6]. - The net profit, excluding non-recurring gains and losses for 2024, was -61.26 million yuan [6]. - The operating revenue for 2024 was 308.48 million yuan, with 301.64 million yuan after excluding unrelated business income [7]. Group 3: Reasons for Performance Decline - The company cites intense competition in the textile and apparel industry, deteriorating operating conditions for downstream distributors, and increased accounts receivable aging leading to credit impairment losses as primary reasons for the expected performance decline [8]. - Additionally, inventory buildup has resulted in the company making provisions for inventory write-downs [8]. Group 4: Risk of Delisting - The company may face a delisting risk warning if the audited financial results for 2025 show a net profit or total profit that is negative and operating revenue below 300 million yuan [12]. - The stock may be marked with a "*ST" designation following the disclosure of the 2025 annual report if these conditions are met [12]. - The company is required to issue at least two additional risk warning announcements before the 2025 annual report is disclosed [15].

格隆汇1月28日丨ST起步(603557.SH)公布，公司财务部门初步测算，公司预计2025年年度归属于上市公 司股东的净利润为-12,800万元至-17,800万元。公司预计2025年年度归属于上市公司股东的扣除非经常 性损益的净利润为-11,800万元至-16,800万元。经公司财务部门初步测算，公司预计2025年度实现营业 收入15,000万元至20,000万元，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15,000万元至20,000万元。 ...

Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2025 to be between -128 million and -178 million yuan, and a net profit after deducting non-recurring gains and losses to be between -118 million and -168 million yuan [6]. - The projected operating revenue for 2025 is estimated to be between 150 million and 200 million yuan, with the same range applicable after excluding unrelated business income and income lacking commercial substance [6]. - In 2024, the total profit was -116.69 million yuan, and the net profit attributable to shareholders was -116.44 million yuan, with a net profit after deducting non-recurring gains and losses of -61.26 million yuan [7]. - The operating revenue for 2024 was 308.48 million yuan, and the revenue after excluding unrelated business income was 301.64 million yuan [7]. Risks and Challenges - The main reasons for the expected loss include intense competition in the textile and apparel industry, deteriorating operating conditions for downstream distributors, and increased accounts receivable aging leading to credit impairment losses [8]. - The company has also recognized inventory impairment provisions due to inventory backlog [8]. - There is a risk warning that if the audited financial results show a net profit or total profit below zero and operating revenue below 300 million yuan, the company's stock will face delisting risk warnings [9]. Investor Caution - The performance forecast is based on preliminary calculations by the company's finance department and has not yet been audited [9]. - The company emphasizes the importance of investor caution regarding the potential risks associated with the performance forecast [9]. - The announcement was made by the board of directors on January 29, 2026 [10].

证券代码：603557 证券简称：ST 起步 公告编号：2026-013 起步股份有限公司 关于公司股票可能被实施退市风险警示的风险提示公告 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: 依据《上海证券交易所股票上市规则》第 9.3.2 条规定，起步股份有限 公司(以下简称"公司")股票可能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、可能被实施退市风险警示的原因 公司预计 2025 年度实现营业收入 15,000 万元至 20,000 万元，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 15,000 万元至 20,000 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 ...

2026 年第一次临时股东会会议资料 起步股份有限公司 2026 年第一次临时股东会 会议资料 二〇二六年二月六日 浙江·湖州 起步股份有限公司 2026 年第一次临时股东会会议资料 起步股份有限公司 2026 年第一次临时股东会 会 议 须 知 根据中国证券监督管理委员会《上市公司股东会规则》《公司章程》的有关 规定，为确保公司股东会顺利召开，特制定会议须知如下，望出席股东会的全体 人员遵守执行： 一、股东参加股东会，应当认真履行其法定义务，不得侵犯其他股东权益； 二、股东会期间，全体出席人员应以维护股东的合法利益、确保股东会正常 秩序和议事效率为原则，认真履行法定职责； 三、出席股东会的股东依法享有发言权、咨询权、表决权等各项权利，股东 要求发言时不得打断会议报告人的报告或其他股东的发言，股东要求发言时请先 示意； 四、在会议集中审议议案过程中，股东按会议主持人指定的顺序发言和提问， 建议每位股东发言时间不超过 3 分钟，同一股东发言不超过两次，发言内容不超 出本次会议审议范围； 五、任何人不得扰乱会议的正常秩序和会议程序，会议期间请关闭手机或将 其调至振动状态。 2026 年第一次临时股东会会议资料 2 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 本次会议由董事长陈丽红主持，以记名投票表决的方式通过了以下议案： 一、审议通过《关于调整控股子公司对其下属子公司担保额度预计的议案》 公司之控股子公司佛山市鹏昌企业管理有限公司（下称"佛山鹏昌"），为支持其控股子公司广西天丞铝 业有限公司（下称"天丞铝业"）优化融资结构、降低融资成本，针对天丞铝业拟将原有银行借款置换为 兴业银行股份有限公司南宁分行低利率授信额度并办理转贷的需求，天丞铝业拟在原有银行借款置换的 基础上，扩大与兴业银行股份有限公司南宁分行的合作规模。 基于公司整体战略规划及对天丞铝业经营状况与偿债能力的充分评估，现拟对原担保事项进行调整：将 佛山鹏昌为天丞铝业向兴业银行股份有限公司南宁分行申请的授信额度提供的信用担保最高金额，从原 人民币4,000万元调整至人民币7,000万元，担保方式为连带责任担保；天丞铝业其他股东亦同步按同等 条件，将其提供的信用担保最高金额调整至人民币7,000万元，担保方式为连带责任担保。本次调整后 的担保仍不存在反担保。 表决结果：同意4票；反对0票；弃权0票。该项议案获通过。该议案尚需提交公司2026年第一次临时股 ...

据了解，此次比较试验，深圳市消委会工作人员从线下、线上随机购买了15款儿童洞洞鞋，涉及卡骆驰（crocs）、斯凯奇（SKECHERS）、MINISO等多个 品牌，价格从26.17元至319元不等。 儿童洞洞鞋以其轻便透气、穿脱便捷的特性，成为孩子们日常出行的常备鞋款，在家庭生活中出镜率极高。然而，其安全性能，尤其是化学安全性与地面防 滑性，始终是广大家长关注的焦点。为科学评估市售儿童洞洞鞋质量状况，切实守护儿童健康与安全，深圳市消费者委员会于近期组织开展了儿童洞洞鞋比 较试验。 据了解，在随机选购的15款主流品牌样品中，标称品牌为balabala、ABCKIDS、朴西3款样品的鞋花部位被检出化学物质超标，涉及邻苯二甲酸酯、短链氯 化石蜡及重金属铅等有害物质，可能对儿童健康造成潜在威胁。 针对比较试验结果，森马集团（balabala母公司）客服回应称不了解该情况，但已记录问题并提交专员，后续将予以答复；起步股份有限公司（ABCKIDS母 公司）的联系方式经多次拨打均无人接听；朴西官方旗舰店客服确认鞋花为其品牌产品，并出示了合格检测报告，表示已将结果提交专员等待后续答复。 然而，当记者通过天眼查获取联系方式联系朴 ...

Group 1 - The company ST Qibu held its fourth board meeting on January 26, 2026, in Huzhou, Zhejiang Province, where it reviewed a proposal regarding financial assistance to its controlling subsidiary [1] Group 2 - International gold prices have surpassed $5,000, marking a 280% increase over the past seven years, with experts suggesting that the key factors influencing this trend include the US dollar, the international monetary system, interest rate cuts, and technological revolutions [1]