据悉，9月1日至9月26日期间，*ST高鸿连续二十个交易日的股票收盘价均低于1元，触及深交所《股票 上市规则（2025年修订）》第9.2.1条第一款第四项规定的股票终止上市情形，深交所拟决定终止公司股 票上市交易。根据相关规定，公司有权申请听证或者提出书面陈述和申辩。 北京商报讯（记者 马换换 王蔓蕾）10月8日，*ST高鸿（000851）披露公告称，公司于9月30日收到深 交所下发的《终止上市事先告知书》，深交所拟决定终止公司股票上市交易。 ...

大唐高鸿网络股份有限公司（以下简称"公司"）于 2025 年 9 月 30 日收到 深圳证券交易所（以下简称"深交所"）下发的《终止上市事先告知书》（公司 部函〔2025〕第 314 号）。现将有关内容公告如下： 大唐高鸿网络股份有限公司： 2025 年 9 月 1 日至 2025 年 9 月 26 日期间，你公司连续二十个交易日的股 票收盘价均低于 1 元，触及本所《股票上市规则（2025 年修订）》第 9.2.1 条 第一款第四项规定的股票终止上市情形，本所拟决定终止你公司股票上市交易。 证券代码：000851 证券简称：*ST 高鸿 公告编号：2025-136 大唐高鸿网络股份有限公司 关于收到终止上市事先告知书的公告 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。 公司指定的信息披露媒体为《证券时报》和巨潮资讯网（www.cninfo.com.cn）。 公司所有信息均以上述指定媒体披露的信息为准。敬请广大投资者注意投资风险。 特此公告。 大唐高鸿网络股份有限公司 2025 年 9 月 30 日 根据本所《股票上市规则（2025 年修订）》《自律监管听证 ...

Wind数据显示，截至9月30日，今年以来上证指数、深证成指、创业板指分别累计上涨15.84%、29.88%、 51.20%。 市场持续走强，低价股数量也随之减少。截至9月30日，最新收盘价（前复权）在2元以下的低价股数量仅剩31 只。 2元以下低价股数量为31只 Wind数据显示，截至9月30日，收盘价（前复权）低于2元的低价股数量为31只。其中股价最低的是*ST高鸿，最 新收盘价为0.38元。 31只低价股中，除紫天退为创业板股票外，其他均为主板股票。按照申万一级行业划分，房地产行业低价股数量 最多，有7只，建筑装饰行业有4只，钢铁行业有3只，医药生物、基础化工、交通运输行业均为2只。 从市值规模看，在31只低价股中，市值低于100亿元的股票有19只，占比超六成；业绩表现方面，有21只低价股 2025年上半年归母净利润为亏损状态，整体业绩表现不佳；从股价表现来看，有22只低价股今年以来股价下跌， 占比超七成。 Wind数据显示，截至9月30日，今年以来，剔除上市新股，A股共有4356只股票涨幅为正，占比超八成。其中， 1361只股票涨幅在50%以上，446只股票涨超100%。 在446只涨幅超100%的股 ...

Core Points - The A-share market has shown strong performance in 2023, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rising by 15.84%, 29.88%, and 51.20% respectively as of September 30 [1][2]. Group 1: Low-Priced Stocks - As of September 30, there are only 31 stocks with a closing price below 2 yuan, with the lowest being *ST Gao Hong at 0.38 yuan [2][4]. - Among the 31 low-priced stocks, the real estate sector has the highest number with 7 stocks, followed by construction decoration with 4, and steel with 3 [2]. - 19 of the 31 low-priced stocks have a market capitalization below 10 billion yuan, accounting for over 60% of the total [2]. Group 2: Stock Performance - Year-to-date, 22 of the 31 low-priced stocks have seen their prices decline, representing over 70% of this group [2]. - Overall, 21 of these low-priced stocks are expected to report losses in net profit for the first half of 2025, indicating poor performance [2]. Group 3: High-Growth Stocks - Excluding newly listed stocks, 4,356 A-shares have positive returns this year, with over 1,361 stocks rising by more than 50% and 446 stocks increasing by over 100% [5][6]. - The mechanical equipment and electronics sectors have the highest number of stocks with over 100% growth, with 74 and 52 stocks respectively [5][6]. Group 4: Sector Performance - The mechanical equipment sector has a year-to-date growth of 37.31%, while the electronics sector has grown by 53.51% [6]. - Other sectors with significant growth include electric power equipment (43.70%), automotive (28.42%), and basic chemicals (25.40%) [6]. Group 5: Top Performing Stocks - The top ten stocks with the highest growth this year include Shangwei New Materials, *ST Yushun, and Tianpu Co., with growth rates exceeding 390% [7]. - The highest growth stock, Shangwei New Materials, has increased by 1,891.60% with a market cap rising from 2.686 billion yuan to 53.284 billion yuan [7].

Group 1 - The average stock price of A-shares is 13.70 yuan, with 31 stocks priced below 2 yuan, the lowest being *ST Gaohong at 0.38 yuan [1] - Among the low-priced stocks, 41.94% are ST stocks, indicating a significant presence of troubled companies in this segment [1] - The Shanghai Composite Index closed at 3882.78 points as of September 30 [1] Group 2 - Among the low-priced stocks, 11 stocks increased in price today, with *ST Xingguang leading with a rise of 2.15% [1] - Conversely, 9 stocks declined, with the largest drop being 9.52% for Zitian Tui [1] - The trading volume and turnover rates vary significantly among these low-priced stocks, with some showing high turnover rates despite low prices [1][2]

New Stock Issuance - New stock issuance for Daoshengtianhe (Code: 780026) priced at 5.98 RMB on September 29, 2025[1] - Offer period for the acquisition of Shangwei New Materials (Code: 688585) is from September 29, 2025, to October 28, 2025[1] Delisting and Trading Alerts - Zitian Tui (Code: 300280) is in the delisting preparation period with 4 trading days remaining until the last trading day[1] - Significant abnormal fluctuations reported for Kaipu Cloud (Code: 688228) on September 25, 2025[1] Recent Announcements - Multiple companies including Zhonghuan Hailu (Code: 301040) and Shenhuafa A (Code: 000020) have recent announcements regarding their stock activities[1] - A total of 30 companies have made announcements regarding stock fluctuations and trading activities in the past week[1]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) is intensifying its regulatory enforcement against financial fraud and information disclosure violations, aiming to enhance market integrity and investor confidence [1][2][3]. Regulatory Framework - Recent legal reforms, including the new Securities Law and related regulations, have established a robust regulatory framework for capital markets, providing a solid basis for enforcement actions [2][3]. - The CSRC has issued over 2,200 administrative penalties for financial fraud and market manipulation during the 14th Five-Year Plan period, with fines totaling 41.4 billion yuan, marking increases of 58% and 30% respectively compared to the previous five-year period [2][3]. Enforcement Actions - The CSRC is focusing on severe violations such as financial fraud and insider trading, with notable cases leading to significant penalties, including a 2.25 billion yuan fine against Zhongke Huayuan Titanium Co., Ltd. for compliance violations [3][4]. - Since last year, the CSRC has investigated 67 delisted companies for illegal activities, with 33 cases referred for potential criminal prosecution [3][4]. Investor Protection - The regulatory bodies are enhancing investor protection mechanisms, including the introduction of new judicial interpretations and multi-faceted dispute resolution frameworks to support investor rights [5][6]. - Landmark cases, such as the special representative litigation against Kangmei Pharmaceutical, have resulted in substantial compensation for investors, demonstrating the effectiveness of the new protective measures [5][6]. Comprehensive Accountability - The CSRC is promoting a multi-layered accountability system that integrates administrative, civil, and criminal responsibilities to strengthen deterrence against securities violations [8][9]. - Over the past five years, the CSRC has referred more than 700 cases to law enforcement, leading to serious criminal accountability for numerous offenders [9]. Future Directions - Experts suggest that future regulatory efforts should focus on precise enforcement against financial fraud while ensuring that intermediary institutions fulfill their responsibilities as gatekeepers [4][6]. - There is a call for a "one-stop" platform for investor rights protection, integrating various forms of dispute resolution to facilitate easier access for small investors [7].

格隆汇9月28日丨*ST高鸿(000851.SZ)公布，截至2025年9月26日，大唐高鸿网络股份有限公司股票收盘 价格已经连续二十个交易日均低于1元。根据《深圳证券交易所股票上市规则》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。根据《股票上市规则》第9.2.6条相关规定，在深交所仅发行A股股票的公 司，连续二十个交易日的股票收盘价均低于1元，应当在事实发生的次一交易日开市前披露，公司股票 于公告后停牌。公司股票（证券简称：*ST高鸿，证券代码：000851）将自2025年9月29日（星期一） 开市起停牌。 ...

证券代码：000851 证券简称：*ST 高鸿 公告编号：2025-135 大唐高鸿网络股份有限公司 关于公司股票将被终止上市暨停牌的风险提示公告 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 26 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二十个交易日均低于 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 9.2.6 条相关规定，在深交所仅发行 A 股股票 的公司，连续二十个交易日的股票收盘价均低于 1 元，应当在事实发生的次一交 易日开市前披露，公司股票于公告后停牌。公司股票（证券简称：*ST 高鸿，证 券代码：000851）将自 2025 年 9 月 29 日（星 ...

格隆汇9月28日丨*ST高鸿(000851.SZ)公布，截至2025年9月26日，大唐高鸿网络股份有限公司股票收盘 价格已经连续二十个交易日均低于1元。根据《深圳证券交易所股票上市规则》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。根据《股票上市规则》第9.2.6条相关规定，在深交所仅发行A股股票的公 司，连续二十个交易日的股票收盘价均低于1元，应当在事实发生的次一交易日开市前披露，公司股票 于公告后停牌。公司股票（证券简称：*ST高鸿，证券代码：000851）将自2025年9月29日（星期一） 开市起停牌。 ...