Group 1 - The core transaction involved ST Tongmai, with a total of 1 million shares traded on February 5, resulting in a transaction amount of 6.4 million yuan, which accounted for 13.26% of the total trading volume for that day [1] - The transaction price was set at 6.4 yuan per share, representing a discount of 2.29% compared to the market closing price of 6.55 yuan [1] - The trading data indicates that the transaction was executed by institutional investors, highlighting potential interest from larger market players [2]

Core Viewpoint - The communication services sector experienced a rise of 0.73% on February 3, with notable gains from companies like Nanling Technology, which led the sector with an increase of 8.46% [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4067.74, up by 1.29%, while the Shenzhen Component Index closed at 14127.1, up by 2.19% [1]. - Key stocks in the communication services sector showed significant price increases, with Nanling Technology closing at 29.99, up 8.46%, and Guanghuan New Network at 16.40, up 7.68% [1]. Group 2: Trading Volume and Value - Nanling Technology had a trading volume of 324,000 shares, resulting in a transaction value of 941 million yuan [1]. - Guanghuan New Network recorded a trading volume of 1,985,400 shares, with a transaction value of 3.179 billion yuan [1]. Group 3: Capital Flow - The communication services sector saw a net outflow of 197 million yuan from institutional investors, while retail investors contributed a net inflow of 228 million yuan [2]. - Notable capital flows included a net inflow of 200 million yuan into Data Port, while Nanling Technology experienced a net inflow of 71.885 million yuan from institutional investors [3].

Group 1 - The company ST Tongmai (603559.SH) announced an expected net profit loss attributable to shareholders of the parent company ranging from 130 million to 180 million yuan for the year 2025 [1] - This projected loss represents a decline compared to the same period last year, indicating a continued trend of financial difficulties for the company [1]

Group 1 - The company ST Tongmai (603559.SH) announced an expected net loss attributable to shareholders of the parent company ranging from 130 million to 180 million yuan for the year 2025 [1] - This projected loss represents a decline compared to the same period last year, indicating a continued trend of financial difficulties for the company [1]

Core Viewpoint - Company ST Tongmai (603559) expects a net profit loss of 130 million to 180 million yuan for the year 2025, an improvement from a loss of 301 million yuan in the previous year [4] Financial Performance - The expected net profit loss for 2025 is between 130 million and 180 million yuan, while the non-recurring net profit loss is projected to be between 125 million and 175 million yuan, compared to a loss of 238 million yuan in the previous year [4] - The company's price-to-book ratio (LF) is approximately 2.76 times, and the price-to-sales ratio (TTM) is about 6.28 times based on the latest closing price [4] Industry Context - The telecommunications construction industry is facing intense competition, leading to prolonged construction periods and fluctuating demand from downstream industries, which has resulted in a continuous decline in industry gross margins [15] - To secure projects, the company has been lowering its bids, which compresses profit margins and leads to cost overruns on some projects [15] - The company is also facing challenges with long accounts receivable aging and a high provision for bad debts [15]

证券代码：603559 证券简称：ST 通脉 公告编号：2026-002 中通国脉通信股份有限公司 关于公司股票继续被实施其他风险警示相关事项的进展公告 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。 重要内容提示： 三、其他事项说明 根据《股票上市规则》相关规定，公司将每月披露一次提示性公告，并及时 披露上述事项的进展情况，敬请广大投资者关注并注意投资风险。 一、公司被实施其他风险警示的相关情况 致同会计师事务所（特殊普通合伙）对公司出具了否定意见的《2022 年度 内部控制审计报告》（详见公司于 2023 年 4 月 28 日披露的致同审字（2023）第 320A016842 号内控审计报告）和《2023 年度内部控制审计报告》（详见公司于 2024 年 4 月 30 日披露的致同审字（2024）第 320A017425 号内控审计报告）。 公司在 2024 年期间进行了重整，于 2024 年 12 月 30 日，被长春市中级人民 法院裁定确认公司《重整计划》执行完毕，并终结公司重整程序，公司按照相关 规定未披露 2024 ...

Financial Performance Expectations - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -130 million and -180 million CNY, indicating a loss compared to the previous year [3]. - The estimated net profit after deducting non-recurring gains and losses for 2025 is projected to be between -125 million and -175 million CNY [4]. - The total profit for the same period last year was -294.83 million CNY, with a net profit attributable to shareholders of -300.84 million CNY [5]. - The company reported a loss per share of -0.75 CNY for the previous year [6]. Reasons for Expected Loss - The main reasons for the expected loss include intense competition in the telecommunications construction industry, prolonged project durations, and a decline in gross margins due to fluctuating downstream demand [6]. - The company has faced pressure on profit margins due to aggressive bidding for projects and cost overruns on certain projects [6]. - The company has a high provision for bad debts due to long aging accounts receivable, contributing to the anticipated losses [6]. Corporate Restructuring and Risks - The company underwent restructuring in 2024, which was confirmed completed by the court on December 30, 2024 [7]. - The company’s stock has been subject to risk warnings due to negative audit opinions on internal controls for the previous fiscal years [7]. - The performance forecast data has not been audited by a registered accountant and is subject to uncertainty [8].

Group 1 - On January 28, ST Tongmai executed a block trade of 1.52 million shares, with a transaction value of 8.9832 million yuan, accounting for 13.92% of the total trading volume for the day [1] - The transaction price was 5.91 yuan, representing a discount of 9.36% compared to the market closing price of 6.52 yuan [1]

Group 1 - ST Tongmai conducted a block trade of 2.5 million shares on January 27, with a transaction value of 14.875 million yuan, accounting for 27.7% of the total trading volume for that day [1] - The transaction price was 5.95 yuan, which represents a discount of 4.19% compared to the market closing price of 6.21 yuan [1]

Summary of Key Points Core Viewpoint - On January 26, ST Tongmai executed a block trade of 2 million shares, amounting to 11.8 million yuan, which represented 14.88% of the total trading volume for that day. The transaction price was 5.9 yuan, reflecting a discount of 5.6% compared to the market closing price of 6.25 yuan [1]. Group 1 - The block trade involved 2 million shares of ST Tongmai, with a total transaction value of 11.8 million yuan [1]. - The transaction accounted for 14.88% of the total trading volume on that day [1]. - The executed price of 5.9 yuan was lower than the market closing price of 6.25 yuan, indicating a discount of 5.6% [1]. Group 2 - The trading date for the block transaction was January 26, 2026 [2]. - The shares were traded under the stock code 603559 [2]. - Multiple brokerage firms were involved in the transaction, including Meicheng Limited Liability Company and Shenzhen Binqi Limited [2].