| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2025-09-23 | 000851 | *ST高鸿 | 0.44 | 33.40 | 14.70 | 东海证券股份有限 | 中信证券股份有限 | | | | | | | | 公司浙江分公司 | 公司杭州紫金港证 | | | | | | | | | 券营业部 | 9月23日，*ST高鸿大宗交易成交33.4万股，成交额14.7万元，占当日总成交额的7.32%，成交价0.44元，较市场收盘价0.44元 持平。 ...

证券代码：000851 证券简称：*ST 高鸿 公告编号：2025-130 大唐高鸿网络股份有限公司 3.公司于 2025 年 8 月 8 日收到中国证监会下发的《行政处罚事先告知书》(以 下简称"《告知书》")。根据《告知书》的认定，公司 2020 年非公开发行股票 构成欺诈发行、2015 年至 2023 年年度报告存在虚假记载，将触及《深圳证券交 易所股票上市规则》第 9.5.1 条第一项、第 9.5.2 条第一款第（六）项规定的重 大违法强制退市情形，可能被实施重大违法强制退市。根据《深圳证券交易所股 票上市规则》，如根据正式的处罚决定书结论，公司触及重大违法强制退市情形， 公司股票将被终止上市。截至本公告披露日，公司尚未收到正式的处罚决定书， 后续公司将继续配合中国证监会的相关工作，并积极行使听证或进行陈述、申辩 等合法权利，最终结果以中国证监会出具的正式处罚决定为准。 根据《股票上市规则》第 9.1.6 条的规定，上市公司出现两项以上终止上市 情形的，股票按照先触及先适用的原则实施终止上市。 一、公司股票可能被终止上市的原因 根据《股票上市规则》第 9.2.1 条、第 9.1.15 条相关规定，在深 ...

Summary of Key Points Core Viewpoint - The average stock price in the A-share market is 13.50 yuan, with 30 stocks priced below 2 yuan, the lowest being *ST Gao Hong at 0.46 yuan [1]. Group 1: A-Share Market Overview - As of September 22, the Shanghai Composite Index closed at 3828.58 points, with the average A-share price at 13.50 yuan [1]. - The distribution of high-priced and low-priced stocks is relatively small in the overall A-share market [1]. Group 2: Low-Priced Stocks - There are 30 stocks priced below 2 yuan, with *ST Gao Hong having the lowest price at 0.46 yuan, followed by Zhi Tian Tui and *ST Su Wu at 0.46 yuan and 0.91 yuan respectively [1]. - Among the low-priced stocks, 14 are ST stocks, accounting for 46.67% of the total [1]. Group 3: Low-Priced Stock Rankings - The table lists various low-priced stocks along with their latest closing prices, daily price changes, turnover rates, and industry classifications [1][2]. - Notable low-priced stocks include *ST Gao Hong (0.46 yuan), *ST Su Wu (0.91 yuan), and *ST Jin Ke (1.41 yuan) [1][2].

Group 1 - The stock *ST Gaohong experienced a block trade on September 22, with a transaction volume of 380,800 shares and a transaction amount of 175,200 yuan, at a price of 0.46 yuan per share [2] - In the last three months, *ST Gaohong has recorded a total of 132 block trades, with a cumulative transaction amount of 64.76 million yuan [3] - The closing price of *ST Gaohong on the day of the block trade was 0.46 yuan, reflecting a decline of 4.17%, with a daily turnover rate of 0.24% and a total transaction amount of 1.25 million yuan [3] Group 2 - The stock's net outflow of main funds for the day was 857,300 yuan, and over the past five days, the stock has seen a cumulative decline of 23.33% with a total net outflow of 4.73 million yuan [3] - The latest margin financing balance for *ST Gaohong is 383 million yuan, which has decreased by 25.98 million yuan over the past five days, representing a decline of 6.35% [4] - *ST Gaohong was established on January 20, 1994, with a registered capital of 1.15786 billion yuan [4]

证券代码：000851 证券简称：*ST 高鸿 公告编号：2025-129 大唐高鸿网络股份有限公司 关于公司股票存在可能因股价低于面值被终止上市的第八次风 险提示公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假 记载、误导性陈述或者重大遗漏。 特别提示： 1.截至 2025 年 9 月 22 日，大唐高鸿网络股份有限公司(以下简称"公司") 股票收盘价格已经连续十六个交易日均低于 1 元。根据《深圳证券交易所股票上 市规则》（以下简称《股票上市规则》）第 9.2.1 条、第 9.1.15 条相关规定， 在深交所仅发行 A 股股票的公司，通过深交所交易系统连续 20 个交易日的股票 收盘价均低于 1 元，深交所终止其股票上市交易；因触及交易类强制退市情形而 终止上市的股票不进入退市整理期。敬请广大投资者注意投资风险。 2.根据《股票上市规则》第 9.2.4 条相关规定，在深交所仅发行 A 股股票的 公司，连续十个交易日的股票收盘价均低于 1 元的，应当在次一交易日开市前披 露公司股票可能被终止上市的风险提示公告，其后每个交易日披露一次，直至相 应的情形消除或者出现终止上市情形之日止（以在 ...

Core Insights - On September 22, *ST Gao Hong executed a block trade of 380,800 shares, with a transaction value of 175,200 yuan, accounting for 12.27% of the total trading volume for the day, at a price of 0.46 yuan, which remained unchanged compared to the market closing price of 0.46 yuan [1][2]. Summary by Categories - **Trading Activity** - The block trade involved 380,800 shares at a price of 0.46 yuan per share [1][2]. - The total transaction amount was 175,200 yuan [1][2]. - This transaction represented 12.27% of the total trading volume on that day [1]. - **Brokerage Information** - The buyer was Donghai Securities Co., Ltd., Nanjing Branch [2]. - The seller was CITIC Securities Co., Ltd., Changsha Jinxing Middle Road Securities Business Department [2].

New Stock Issuance - New stock issuance for Aomeisen (证券代码: 920080) is priced at 8.25 RMB per share[1] - The last trading day for Zitian (证券代码: 300280) is in 9 trading days[1] - Zhonghuan Hailu (证券代码: 301040) and Jishi Media (证券代码: 601929) have recent announcements regarding their stock status[1] Market Alerts - Significant abnormal fluctuations reported for Xian Dao Intelligent (证券代码: 300450) and Hangke Technology (证券代码: 688006)[2] - ST Green Kang (证券代码: 002868) and ST Gao Hong (证券代码: 000851) are under scrutiny due to recent trading activities[1] - ST Xin Tong (证券代码: 600289) and ST Ya Zhen (证券代码: 603389) have also been flagged for unusual market behavior[1] Trading Insights - The report includes links to detailed announcements for various stocks, indicating ongoing market monitoring and regulatory compliance[1] - The document highlights the importance of tracking stock performance and regulatory updates for informed investment decisions[1]

Core Viewpoint - *ST Gao Hong is facing imminent delisting due to its stock price being below the par value of 1 yuan for 16 consecutive trading days, with a current price of 0.46 yuan per share [1] Company Summary - The main business of *ST Gao Hong includes enterprise information services, IT sales to 3C markets and SMEs, and information services for individual consumers [1] - For the first half of 2025, the company reported an earnings per share of -0.12 yuan and a net profit attributable to shareholders of -140.34 million yuan, with a year-on-year net profit growth rate of -3166.01% [1] - As of August 20, 2025, the number of shareholders stood at 53,000 [1] Regulatory Actions - On August 8, 2025, *ST Gao Hong received a notice from the China Securities Regulatory Commission (CSRC) regarding administrative penalties for severe financial fraud over multiple years [1] - The CSRC found that from 2015 to 2023, *ST Gao Hong inflated its revenue and profits through false trade activities, with a total inflated revenue of approximately 19.8 billion yuan and inflated profits exceeding 76.2 million yuan [2] - The CSRC plans to impose fines exceeding 160 million yuan on *ST Gao Hong and related parties, along with market bans for key individuals involved [2] Market Context - Since August 11, 2025, *ST Gao Hong's stock has experienced continuous trading halts, with 28 trading days of price drops by September 22, 2025 [2] - In 2023, 22 A-share companies have completed delisting procedures, with 6 more currently in the delisting process, indicating a trend of increasing major illegal delistings compared to par value delistings [2] - As of September 21, 2023, over 10 A-share companies have faced administrative penalties from the CSRC for financial fraud, triggering major illegal delisting standards [2]

Group 1 - The core point of the article is that *ST Gao Hong has experienced a significant decline, hitting the limit down and marking a total of seven consecutive trading days of losses, with a cumulative drop of 30.3% over this period [2][3]

Core Viewpoint - *ST Gaohong faces the risk of being delisted due to its stock price falling below par value, with a closing price of 0.48 yuan as of September 19, 2025, and has been below 1 yuan for 15 consecutive trading days [1][5] Group 1: Delisting Risks - The company announced that its stock may be terminated from listing if it continues to trade below 1 yuan for 20 consecutive trading days, as per the Shenzhen Stock Exchange regulations [1] - The company is also at risk of being subject to mandatory delisting due to significant legal violations, as indicated by a notice from the China Securities Regulatory Commission (CSRC) regarding fraudulent issuance of shares [2] Group 2: Financial Misconduct - The CSRC's notice revealed that from 2015 to 2023, the company inflated its reported revenue by a total of 192.67 million yuan across various years, with the highest inflation occurring in 2020 at 56.34 million yuan, representing 49.38% of that year's reported revenue [3] - The company also inflated its reported costs and total profits during the same period, with the highest profit inflation in 2020 amounting to 2.19 million yuan, which was 64.88% of the reported profit for that year [3] Group 3: Stock Issuance Issues - The notice further stated that the company's 2020 non-public stock issuance documents contained false data regarding business income and profits, leading to a fraudulent issuance classification [4] - The company has been experiencing abnormal stock trading fluctuations, with a cumulative price drop exceeding 12% over three consecutive trading days [4]