近期，有债权人申请对*ST正平预重整，截至本公告披露日，公司尚未收到法院关于受理预重整申请 的相关法律文书，即申请人的预重整申请能否被法院受理、公司能否进入重整程序均存在重大不确定 性，公司提醒广大投资者注意相关投资风险。 *ST正平同时提到，公司近期收到上交所对公司2025年三季报有关事项的监管工作函。截至目前， 年审会计师尚无法就外部借款利息、工程项目成本费用计量准确性和完整性获取充分、恰当的审计证 据。 "如截至2025年度财务报告日，年审会计师仍无法就上述事项获取充分、恰当的审计证据，可 能导致无法对财务报表发表非无保留意见，公司股票将被终止上市。" 矿产资源开采能力不足，也是目前*ST正平面临的难题。公司全资子公司格尔木生光矿业开发有限公 司（以下简称"生光矿业"）取得了青海省自然资源厅颁发的《采矿许可证》。矿产资源开发未来需大 规模投入建设和运营，但公司目前无充足资金、人员及设备等用于后续开采，矿产资源后续开采进 展、能否产生收益均存在重大不确定性。*ST正平表示，截至2025年9月30日，公司货币资金为 7237.67万元，其中因农民工专户保证金、诉讼冻结等受限的货币资金3028.48万元，资产 ...

Group 1: Aike Co., Ltd. (爱克股份) - Aike Co., Ltd. plans to acquire 100% equity of Dongguan Silicon Xiang for a transaction price of approximately 2.2 billion yuan, through a combination of issuing shares and cash payments [2][3] - The acquisition aims to enhance Aike's capabilities in the new energy sector, particularly in the supply chain for new energy batteries and electric vehicles, and to expand into the data center liquid cooling market [3] Group 2: Xi'an Yicai (西安奕材) - Xi'an Yicai intends to invest approximately 12.5 billion yuan in the construction of a silicon material base in Wuhan, focusing on producing 12-inch silicon wafers for advanced integrated circuits [5] - The project is expected to increase the company's production capacity to over 500,000 wafers per month, enhancing its competitive position in the domestic market and improving service capabilities for clients in central China and beyond [5] Group 3: Tianpu Co., Ltd. (天普股份) and *ST Zhengping - Tianpu Co., Ltd. has completed its stock trading review and will resume trading on December 3, 2025, after a significant price increase of 451.80% from August 22 to November 27, 2025 [6] - *ST Zhengping has also completed its stock trading review and will resume trading on the same date, although it faces potential delisting due to unresolved audit issues for the 2024 fiscal year [6] Group 4: Other Companies - Jiangbolong plans to raise up to 3.7 billion yuan through a private placement to fund AI-related high-end memory research and development projects [8] - Astone plans to raise up to 900 million yuan through a private placement for semiconductor materials projects and to repay bank loans [8] - Aotega has received approval from the Shenzhen Stock Exchange for its private placement application, indicating compliance with issuance and listing requirements [8]

Group 1 - The company *ST Zhengping (603843.SH) announced that its stock will resume trading on December 3, 2025, after completing a review of its trading situation [2][4] - The company is facing significant risks, including the possibility of being delisted if the non-standard audit opinion for the fiscal year 2024 is not resolved, uncertainties regarding pre-restructuring applications, and risks related to financial irregularities and continuous losses [2][8] - From September 1 to November 18, 2025, *ST Zhengping's stock price increased by 221.93%, significantly deviating from the Shanghai Composite Index and the construction industry, leading to a trading suspension for review [7] Group 2 - In 2024, *ST Zhengping reported a revenue of 1.362 billion yuan and a net loss attributable to shareholders of 484 million yuan [8] - For the first three quarters of 2025, the company achieved a revenue of 652 million yuan, a year-on-year decrease of 20.92%, with a net loss attributable to shareholders of approximately 99.76 million yuan [8]

Group 1 - Muxi Co., Ltd. announced an online roadshow for its initial public offering on December 4, 2025, from 9:00 to 12:00 [2] - Jiangbolong plans to raise no more than 3.7 billion yuan for AI-related high-end storage research and development, semiconductor storage main control chip projects, and working capital [2] - Aike Co., Ltd. intends to acquire 100% equity of Dongguan Qixiang for 2.2 billion yuan, focusing on liquid cooling product lines, which have started generating revenue in 2024 [2] Group 2 - Dream Home reported a cumulative price increase of over 100% in the last 10 trading days, indicating severe stock trading volatility [3] - Saiwei Electronics stated that its core business is MEMS process development and wafer manufacturing, with short-term investment activities having limited impact on performance [3] - Shunhao Co., Ltd. noted significant price fluctuations due to the commercial space concept stocks, with a 1.1 billion yuan investment in Tida Chuang [4] Group 3 - Daoming Optics clarified that it does not have any AI mobile phone-related business despite recent media discussions [5] - Tianpu Co., Ltd. completed its stock trading review and will resume trading on December 3, 2025, after a significant price increase of 451.80% since August 22 [6] - *ST Zhengping announced the completion of its stock trading review, with resumption on December 3, 2025, while facing uncertainties regarding its financial audits and potential delisting [7] Group 4 - Ningbo Port expects a 10.8% year-on-year increase in container throughput for November [8] - Pulaike plans to acquire control of Zhongpu Biological by purchasing shares from CITIC Agriculture [8] - Pengling Co., Ltd. intends to invest 30 million yuan to acquire an 8.49% stake in Wuhan Liyan [8]

Core Viewpoint - *ST Zhengping has experienced significant stock price fluctuations, with a cumulative increase of 221.93% from September 1 to November 18, 2025, leading to trading suspensions and heightened risks for investors [1][3]. Group 1: Stock Performance and Trading - The stock of *ST Zhengping has been suspended three times for trading reviews due to its rapid price increase [1]. - The stock will resume trading on December 3, 2025, after the completion of the review process [1]. - The stock's short-term performance has deviated significantly from the Shanghai Composite Index and the construction industry [1]. Group 2: Financial Reporting and Audit Issues - The 2024 annual report of *ST Zhengping received an audit report with a disclaimer of opinion due to limited audit scope, resulting in a delisting risk warning [3]. - The company faces additional risk warnings due to a negative opinion on internal controls and significant uncertainties regarding its ability to continue as a going concern [3]. - If the issues highlighted in the audit report are not resolved by the end of 2025, the company's stock may be delisted [3]. Group 3: Debt and Restructuring - A creditor has applied for a pre-restructuring of *ST Zhengping, but the court has not yet accepted the application, creating uncertainty about the restructuring process [3]. - The company has received a regulatory letter from the Shanghai Stock Exchange regarding its Q3 2025 report, indicating ongoing issues with obtaining sufficient audit evidence [3]. Group 4: Operational Challenges - *ST Zhengping's subsidiary, Gelmu Shengguang Mining Development Co., has obtained a mining license, but the company lacks sufficient funds, personnel, and equipment for future mining operations [3]. - As of September 30, 2025, the company reported cash reserves of 72.38 million, with 30.28 million restricted due to various legal and operational issues, and a debt-to-asset ratio of 92.49% [3]. - The company faces significant uncertainties regarding the progress and profitability of its mineral resource development due to multiple external factors [3]. Group 5: Financial Performance - In 2024, *ST Zhengping reported revenues of 1.362 billion and a net loss of 484 million, with a net loss of 99 million in the first three quarters of 2025 [4]. - The company emphasizes that there are no significant matters affecting the abnormal fluctuations of its stock as of now [4].

Core Viewpoint - *ST Zhengping has experienced significant stock price fluctuations, with a cumulative increase of 221.93% from September 1 to November 18, 2025, leading to trading risks and subsequent stock suspension for investigation [1][5]. Group 1: Stock Performance and Trading Risks - The stock of *ST Zhengping has seen 26 consecutive trading days of gains since September, with three suspensions for investigation during this period [1][5]. - The company announced that its stock will resume trading on December 3, 2025, after completing the investigation into trading activities [1][5]. - The rapid increase in stock price has created a significant divergence from the Shanghai Composite Index and the construction industry, indicating heightened trading risks [1][5]. Group 2: Financial Performance and Audit Issues - In 2024, *ST Zhengping reported revenue of 1.362 billion yuan and a net loss attributable to shareholders of 484 million yuan, with a non-recurring net loss of 475 million yuan [4][8]. - For the first three quarters of 2025, the company achieved revenue of 652 million yuan and a net loss of 99 million yuan, with a non-recurring net loss of 190 million yuan [4][8]. - The 2024 annual report received an audit opinion that could not express an opinion due to limited audit scope, leading to a delisting risk warning for the stock [3][7]. Group 3: Operational Challenges and Future Uncertainties - The company faces significant uncertainties regarding its ability to develop mineral resources, as it lacks sufficient funds, personnel, and equipment for future mining operations [3][8]. - As of September 30, 2025, *ST Zhengping reported cash holdings of 72.3767 million yuan, with 30.2848 million yuan restricted due to various legal and operational issues, resulting in a high debt ratio of 92.49% [3][8]. - The company has received a mining license for its subsidiary but requires substantial investment for future development, which is currently uncertain due to multiple external factors [3][8].

证券代码：603843 证券简称：*ST 正平 公告编号：2025-086 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： 证券停复牌情况：适用 正平路桥建设股份有限公司 关于公司股票复牌暨风险提示的公告 因披露股票交易停牌核查结果,本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | | 停复牌类型 | | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 603843 | *ST | 正平 | A 股 | 复牌 | | | 2025/12/2 | 2025/12/3 | ●根据《上海证券交易所上市公司自律监管指引第 4 号—停复牌》《上海证券 交易所股票上市规则》等相关规定，经向上海证券交易所申请，本公司股票于 2025 年 12 月 3 日（星期三）开市起复牌。 ●截止目前，公司 2024 年度非标审计意见事项尚未消除，如上述非标意见所 涉事项在 2025 年度无法消除 ...

证券代码：603843 证券简称：*ST 正平 公告编号：2025-086 正平路桥建设股份有限公司 关于公司股票复牌暨风险提示的公告 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： 证券停复牌情况：适用 因披露股票交易停牌核查结果,本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | | 停复牌类型 | | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 603843 | *ST | 正平 | A 股 | 复牌 | | | 2025/12/2 | 2025/12/3 | ●根据《上海证券交易所上市公司自律监管指引第 4 号—停复牌》《上海证券 交易所股票上市规则》等相关规定，经向上海证券交易所申请，本公司股票于 2025 年 12 月 3 日（星期三）开市起复牌。 ●截止目前，公司 2024 年度非标审计意见消除尚未消除，如上述非标意见所 涉事项在 2025 年度无法消除 ...

智通财经APP讯，*ST正平(603843.SH)发布公告，近日，公司就股票交易情况进行核查，鉴于相关核查 工作已完成，经向上海证券交易所申请，公司股票将于2025年12月3日开市起复牌。目前，公司2024年 度非标审计意见尚未消除，若相关事项在2025年度无法消除，公司股票将被终止上市。此外，公司还面 临预重整申请被受理的不确定性、三季报工作函所涉非标意见等重大事项的核实风险、其他资金占用和 违规担保的可能性、矿产资源开采能力不足以及持续亏损等风险。 ...

证券代码：603843 证券简称：*ST 正平 公告编号：2025-086 正平路桥建设股份有限公司 关于公司股票复牌暨风险提示的公告 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： 证券停复牌情况：适用 因披露股票交易停牌核查结果,本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | | 停复牌类型 | | 停牌起始日 | 停牌 期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 603843 | *ST | 正平 | A 股 | 复牌 | | | 2025/12/2 | 2025/12/3 | ●根据《上海证券交易所上市公司自律监管指引第 4 号—停复牌》《上海证券 交易所股票上市规则》等相关规定，经向上海证券交易所申请，本公司股票于 2025 年 12 月 3 日（星期三）开市起复牌。 ●截止目前，公司 2024 年度非标审计意见事项尚未消除，如上述非标意见所 涉事项在 2025 年度无法消除 ...