Core Viewpoint - *ST Zhengping has completed its stock trading investigation and will resume trading on October 16, 2023, despite significant trading risks and uncertainties regarding its future operations [1] Group 1: Stock Trading and Performance - The company announced that its stock will resume trading after a self-examination and consultation with its controlling shareholder, confirming no undisclosed major issues as of the announcement date [1] - From September 1 to September 30, the company's stock price increased by 101.86%, with 15 days of trading limits and 4 instances of abnormal fluctuations [1] Group 2: Operational and Financial Risks - The company faces significant operational challenges, including insufficient mining capacity and the need for substantial investment in development and operations, with current resources being inadequate [1] - There is a major uncertainty regarding the future profitability of its mining resources due to the lack of sufficient funds, personnel, and equipment for subsequent mining operations [1] Group 3: Audit and Compliance Issues - The company received an audit report for 2024 that could not express an opinion due to limited audit scope, leading to a delisting risk warning for its stock [1] - The company also received a negative opinion on its internal controls for 2024, raising concerns about its ongoing viability and resulting in additional risk warnings for its stock [1] - If the issues related to the non-standard opinions are not resolved by 2025, the company's stock may face termination of listing [1]

Core Viewpoint - *ST Zhengping has completed its stock trading review and will resume trading on October 16, 2025, after a temporary suspension due to significant uncertainties regarding its mining operations and financial situation [1][2]. Financial Situation - As of June 30, 2025, the company reported cash funds of approximately 101.72 million yuan, with 81.66 million yuan restricted due to various factors such as litigation and guarantees [1]. - The company's asset-liability ratio stands at 92.22%, indicating a high level of debt relative to its assets [1]. Mining Operations - The company received a mining permit from the Qinghai Provincial Department of Natural Resources on September 17, 2025, but lacks sufficient funds, personnel, and equipment for future mining operations [1]. - There are significant uncertainties regarding the progress and profitability of future mineral resource development due to multiple factors, including funding, market conditions, industry policies, and external environments [1]. Stock Trading and Risks - The company has experienced a substantial increase in stock price recently, with 15 trading halts in September 2025 alone, raising concerns about the sustainability of this price increase [4]. - There is a risk of delisting if the issues related to non-standard opinions are not resolved by the end of 2025, alongside ongoing non-operating fund occupation and continuous losses [4].

Core Viewpoint - The company *ST Zhengping has completed its stock trading review and will resume trading on October 16, 2025, after a significant increase in stock price, which has raised concerns about potential risks and uncertainties in its future operations and profitability [1][3]. Group 1: Company Financials and Operations - As of June 30, 2025, the company's cash funds amounted to 101,723,487.39 yuan, with 81,664,227.39 yuan restricted due to various factors such as guarantees for migrant workers and litigation [1]. - The company's asset-liability ratio stands at 92.22%, indicating a high level of debt relative to its assets [1]. - The company has received a mining permit from the Qinghai Provincial Natural Resources Department but lacks sufficient funds, personnel, and equipment for future mining operations, leading to significant uncertainty regarding the development and profitability of its mineral resources [1]. Group 2: Stock Trading and Market Performance - The company announced a stock suspension starting from October 9, 2025, due to a significant increase in stock price, with 15 trading halts in September alone [3]. - The company has warned of the risk of delisting if issues related to non-standard opinions are not resolved by the end of the 2025 fiscal year [3]. - The company has indicated that its production and operational status is normal, with no significant changes or undisclosed major events that could impact its stock price [3].

格隆汇10月15日丨*ST正平(603843.SH)公布，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，本公司股票于2025年10月16日（星期四）开市起复牌。经公司自 查，并书面征询控股股东及实际控制人，截至本公告披露日，不存在应披露而未披露的重大事项或重要 信息。 ...

Core Viewpoint - *ST Zhengping (603843) announced that its stock will resume trading on October 16 after completing a review of its trading situation, following a significant price increase and trading volatility [1] Summary by Relevant Sections Stock Performance - From September 1 to September 30, 2025, the company's stock price increased by 101.86%, with 15 days of trading hitting the daily limit and experiencing 4 instances of abnormal fluctuations [1] Trading Risks - The rapid increase in stock price has led to a serious disconnection from the company's fundamentals, resulting in accumulated trading risks [1]

证券代码：603843 证券简称：*ST 正平 公告编号：2025-066 正平路桥建设股份有限公司 关于股票交易停牌核查结果暨复牌的公告 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 ●公司非经营性资金占用尚未解决。2024 年，公司控股子公司贵州水利实业 有限公司（以下简称"贵州水利"）的少数股东贵州欣汇盛源房地产开发有限公司 （以下简称"欣汇盛源"）存在对贵州水利的非经营性资金占用，经公司核查实际 占用资金为 1,320.9219 万元，2025 年 7 月欣汇盛源以现金方式归还占用资金 900 万元，截至目前占用余额为 420.9219 万元（公告编号：2025-035）。 ●公司业绩持续亏损。2024 年公司实现营业收入 13.62 亿元，归母净利润 -4.84 亿元，扣非后的归母净利润-4.75 亿元，2025 年上半年公司实现营业收入 3.44 亿元，归母净利润-0.88 亿元，扣非后的归母净利润-1.15 亿元。 ●请广大投资者理性投资，注意二级市场的交易风险。 因披露停 ...

Core Viewpoint - *ST Zhengping (603843.SH) announced that its stock will resume trading on October 16, 2025, after completing a suspension review, indicating no undisclosed significant matters [1] Group 1: Stock Performance and Trading Risks - The company's stock has experienced a significant increase recently, leading to concerns about a rapid rise that is severely detached from its fundamentals, resulting in high trading risks [1] - There is a risk of termination of the company's listing if issues related to non-standard opinions are not resolved by the end of 2025 [1] Group 2: Operational Challenges - The company faces significant uncertainty regarding its mineral resource extraction capabilities and the potential for future revenue generation [1] - Non-operating fund occupation issues remain unresolved, contributing to ongoing financial losses [1]

Core Insights - The Shanghai Stock Exchange has implemented self-regulatory measures against 70 cases of abnormal trading behaviors, including price manipulation and false declarations, from September 29 to October 10, 2025 [1] - The stock *ST Zhengping (603843) has been placed under key monitoring due to abnormal volatility risks [1] - The exchange has conducted special investigations into 8 significant corporate events and reported one case of suspected illegal activities to the China Securities Regulatory Commission [1]

New Stock Listings - New stock "Aomeisen" (920080) listed at an issue price of 8.25 on October 10, 2025[1] - "Shangwei New Materials" (688585) has a tender offer period from September 29 to October 28, 2025[1] Delisting and Trading Alerts - "Zitian Tui" (300280) is in the delisting arrangement period with only 1 trading day remaining[1] - "Pinming Technology" (688109) is experiencing severe abnormal fluctuations[1] Market Updates - Multiple companies including "Kesi Technology" (688788) and "Bory Medical" (688166) have recent announcements related to trading activities[1] - "Ganfeng Lithium" (002460) and "Luoyang Molybdenum" (603993) have also made recent disclosures[1] Additional Information - A total of 30 companies have been highlighted for various trading activities and announcements on October 10, 2025[1] - Links to detailed announcements for each company are provided for further insights[1]

New Stock Offerings - The tender offer for Shangwei New Materials (688585) is open from September 29, 2025, to October 28, 2025[1] - Zitian Tui (300280) is in the delisting adjustment period with only 2 trading days remaining until the last trading day[1] Market Alerts - Kesi Technology (688788) and Pinming Technology (688109) have recent announcements but no specific details provided[1] - Magu Technology (688448) is experiencing severe abnormal fluctuations[1] Trading Updates - Multiple companies including Dongjing (002199) and Guosheng Jinkong (002670) have announcements dated October 9, 2025, indicating ongoing trading activities[1] - Companies like Hunan Yuneng (301358) and Wanrun New Energy (688275) have announcements from October 1, 2025, indicating recent trading updates[1] Financial Disclosures - Several companies have disclosed their financial information, with specific announcements linked to their respective stock codes[1] - The report includes links to detailed announcements for various companies, providing transparency in their financial activities[1]