Core Viewpoint - Zhongtong Guomai announced that due to the negative opinion issued on the internal control audit report for the years 2022 and 2023, the company's stock was subjected to other risk warnings on May 4, 2023 [1] Group 1 - In 2024, the company underwent restructuring and did not disclose the internal control audit report for the fiscal year 2024 [1] - On July 4, 2025, the company's stock continued to be subject to other risk warnings [1] - The company has established a rectification team to promote internal control improvements and has strengthened operational norms, internal control systems, reporting, and accountability systems [1] Group 2 - The company will disclose monthly advisory announcements and progress updates to remind investors of potential risks [1]

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]