证券代码：603843 证券简称：*ST 正平 公告编号：2026-005 正平路桥建设股份有限公司 股票交易异常波动暨风险提示公告 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。 ●债权人在正平股份预重整期间不申报债权的，可以在重整程序中人民法院依法 确定的债权申报期限内申报债权，但不得以债权人身份参与正平股份预重整并行使相 关权利。 ●公司能否进入重整程序存在重大不确定性，公司进入预重整后能否消除非标意 见所涉事项存在重大不确定性。西宁中院决定对公司启动预重整，不代表公司正式进 入重整程序，公司也尚未收到西宁中院关于受理重整申请的相关法律文书，申请人的 重整申请能否被法院受理、公司后续是否进入重整程序均存在不确定性。公司进入预 重整程序后，仍可能难以消除非标意见所涉及的工程项目成本费用、外部借款计量的 准确性、完整性不足等事项。 ●截至目前，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 年度审计报告出具日前无法消除，公司股票将被终止上市。因审计范围 受限等原因，公司 2024 年年报被 ...

Core Viewpoint - *ST Zhengping (603843.SH) announced that its pre-restructuring debt claim declaration is only partial, leading to significant uncertainty regarding the accuracy and completeness of the debt claims, which may hinder the company's ability to resolve the issues related to the non-standard audit opinion [1] Group 1 - The company’s pre-restructuring debt claim declaration does not include some of its subsidiaries, raising concerns about the completeness of the claims [1] - There is a risk that asset impairment and undisclosed debts identified during the pre-restructuring process could result in a negative audited net asset value for the parent company in 2025, potentially leading to delisting [1] - Creditors who do not declare their claims during the pre-restructuring period can still submit claims within the court-determined deadline during the restructuring process, but they will not have the right to participate in the pre-restructuring [1] Group 2 - The company faces significant uncertainty regarding its ability to enter the restructuring process and whether it can address the issues related to the non-standard audit opinion [1]

格隆汇1月8日｜*ST正平公告，公司控股股东、实际控制人金生光持有公司股份1.21亿股，占公司总股 本的17.33%，本次被司法冻结1.18亿股，占其所持股份比例97.20%，占公司总股本比例16.85%。 ...

Core Viewpoint - The company *ST Zhengping (603843.SH) announced that its pre-restructuring debt claims are only partially submitted, leading to significant uncertainty regarding the accuracy and completeness of these claims, which may hinder the elimination of non-standard audit opinions [1] Group 1 - The company’s pre-restructuring debt claims do not include some of its subsidiaries, raising concerns about potential undisclosed liabilities that could result in a negative net asset value for the parent company by 2025 [1] - There is a risk that the company may face delisting if its audited net assets are negative due to asset impairment or undisclosed debts identified during the pre-restructuring process [1] - Creditors who do not submit claims during the pre-restructuring period can still file claims within the court-determined deadline during the restructuring process, but they will not have the right to participate in the pre-restructuring proceedings [1] Group 2 - The company faces significant uncertainty regarding its ability to enter the restructuring process and whether it can resolve the issues related to non-standard audit opinions [1]

Core Viewpoint - *ST Zhengping has experienced significant stock price increases, achieving a cumulative rise of 45.86% over the past 12 trading days, with 7 instances of hitting the daily limit up [2] Trading Performance - The stock recorded a trading volume of 22.69 million shares and a transaction value of 145 million yuan today, with a turnover rate of 3.24% [2] - The total market capitalization of the stock reached 4.562 billion yuan [2] Stock Movement Data - The stock's daily price changes and turnover rates over recent days are as follows: - January 7, 2026: +4.90% change, 6.82% turnover, net outflow of 39.45 million yuan [2] - January 6, 2026: +4.96% change, 5.37% turnover, net inflow of 3.75 million yuan [2] - January 5, 2026: -1.40% change, 6.09% turnover, net outflow of 20.66 million yuan [2] - December 31, 2025: +4.38% change, 12.62% turnover, net outflow of 49.53 million yuan [2] - December 30, 2025: +4.98% change, 0.40% turnover, net inflow of 7.56 million yuan [2] - December 29, 2025: +5.03% change, 0.39% turnover, net inflow of 5.13 million yuan [2] - December 26, 2025: +5.07% change, 5.42% turnover, net outflow of 1.42 million yuan [2] - December 25, 2025: +5.11% change, 0.30% turnover, net inflow of 7.22 million yuan [2] - December 24, 2025: +0.90% change, 8.61% turnover, net inflow of 5.51 million yuan [2] - December 23, 2025: -4.90% change, 8.05% turnover, net outflow of 42.97 million yuan [2] - December 22, 2025: +4.92% change, 13.27% turnover, net outflow of 2.52 million yuan [2] - December 19, 2025: -4.89% change, 10.38% turnover, net outflow of 32.39 million yuan [2] Market Activity - The stock has been listed on the "Dragon and Tiger List" due to its closing price deviation exceeding 12% over three consecutive trading days, with a net buying amount of 170,700 yuan from the leading trading departments [2]

Core Viewpoint - *ST Zhengping (603843.SH) has issued a risk warning announcement indicating that its stock has experienced a significant short-term increase, with a cumulative limit-up of 5 trading days and a total rise of 39.24% from December 24, 2025, to January 7, 2026, which has severely deviated from its fundamentals [1] Group 1 - The company has repeatedly issued announcements regarding abnormal stock trading fluctuations and risk warnings, urging investors to pay attention to the associated risks and to make rational decisions [1] - The company is undergoing a pre-restructuring debt claim process, but only a portion of the debt claims have been submitted, and some of its controlling subsidiaries are not included in this debt claim submission [1] - There is significant uncertainty regarding the accuracy and completeness of the debt claims, which may hinder the company's ability to resolve issues related to non-standard opinions through this debt claim process [1]

Core Viewpoint - *ST Zhengping (603843.SH) has issued a risk warning announcement indicating that its stock has experienced a significant short-term increase, with a cumulative limit-up of 5 trading days and a total rise of 39.24% from December 24, 2025, to January 7, 2026, which has severely deviated from its fundamentals [1] Summary by Categories Stock Performance - The company's stock has seen a cumulative limit-up of 5 trading days [1] - The total increase in stock price during this period is 39.24% [1] Risk Warnings - The company has repeatedly issued announcements regarding abnormal stock trading fluctuations and risk warnings [1] - Investors are advised to pay attention to the associated risks and make rational decisions [1] Debt Restructuring - The company is in the process of pre-restructuring debt claims, but only a portion of the claims have been submitted [1] - Some of the company's controlling subsidiaries are not included in the current pre-restructuring debt claims, leading to significant uncertainty regarding the accuracy and completeness of the claims [1] - The company may struggle to eliminate the non-standard opinions related to the matters through this debt claim process [1]

证券代码：603843 证券简称：*ST 正平 公告编号：2026-004 正平路桥建设股份有限公司 关于股票交易的风险提示公告 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。 正平路桥建设股份有限公司（以下简称"公司"）股票自 2025 年 12 月 24 日至 2026 年 1 月 7 日期间累计涨停 5 个交易日，累计涨幅达 39.24%，公司股价短期涨幅 较大，已严重脱离基本面。公司多次发布股票交易异常波动及风险提示公告，请投资 者关注公司存在的相关风险，理性决策，审慎投资。 一、二级市场交易风险 截至 2025 年第三季度末，公司归母净资产仅为 2.80 亿元。但公司应收账款 11.20 亿元，合同资产 21.75 亿元，其他应收款 3.55 亿元，不排除因部分客户还款能 力较弱，相关往来款项信用风险加大，从而计提大额减值导致 2025 年度经审计净资 产为负的风险。在预重整债权申报的过程中，不排除发现应计而未计债务，导致 2025 年度经审计净资产为负的风险。此外，公司预重整债权申报仅涉及部分子公司，不排 除年审阶 ...

证券代码：603843 证券简称：*ST 正平 公告编号：2026-003 正平路桥建设股份有限公司 关于股票交易的风险提示公告 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。 正平路桥建设股份有限公司（以下简称"公司"）股票自 2025 年 12 月 24 日至 2026 年 1 月 6 日期间累计涨停 5 个交易日，累计涨幅达 32.74%，公司股价短期涨幅 较大，已严重脱离基本面。公司多次发布股票交易异常波动及风险提示公告，请投资 者关注公司存在的相关风险，理性决策，审慎投资。 一、二级市场交易风险 公司股票自 2025 年 9 月 1 日至 2025 年 11 月 18 日期间累计涨幅达 221.93%，累 计涨停天数 26 天；2025 年 12 月 3 日至 2025 年 12 月 23 日连续跌停 10 个交易日，累 计跌幅达 48.50%；2025 年 12 月 24 日至 2026 年 1 月 6 日期间累计涨停 5 个交易日， 累计涨幅达 32.74%。公司股价剧烈交替走势可能存在市场情绪过热，非理性炒作情 ...

Core Viewpoint - The company, Zhengping Co., announced significant stock price volatility and irrational speculation from September 1, 2025, to January 6, 2026, indicating high trading risks [1] Financial Performance - As of the end of Q3 2025, the company's net assets attributable to shareholders were only 280 million yuan, with a potential risk of negative net assets due to asset impairment, which could lead to delisting [1] - The company's revenue for 2024 was 1.362 billion yuan, with a net loss attributable to shareholders of 484 million yuan [1] - For the first three quarters of 2025, the company reported revenue of 652 million yuan and a net loss attributable to shareholders of 99 million yuan [1] Debt and Restructuring - The company is undergoing a pre-restructuring process with partial debt claims, which may not resolve the issues related to the non-standard audit opinion for 2024 [1]