Core Viewpoint - The company, Aowei Communication Co., Ltd., is at risk of being delisted due to its stock price falling below 1 yuan and its market capitalization being below 500 million yuan for consecutive trading days [2][3][4]. Group 1: Stock Price and Market Capitalization - As of January 15, 2026, the company's stock closed at 0.99 yuan per share, and its total market capitalization was 343 million yuan, which has been below 500 million yuan for ten consecutive trading days [3]. - According to the Shenzhen Stock Exchange's regulations, if the stock price remains below 1 yuan or the market capitalization stays below 500 million yuan for twenty consecutive trading days, the stock will be delisted [2][4]. Group 2: Risk Disclosure and Compliance - The company has disclosed the risk of potential delisting due to its stock price and market capitalization issues, with the first risk announcement made on January 5, 2026 [4]. - The company is required to issue daily updates regarding the delisting risk until the situation is resolved or until delisting occurs [4]. Group 3: Financial Performance - For the fiscal year 2024, the company reported a revenue of 291.29 million yuan, with a net loss attributable to shareholders of 46.11 million yuan [5]. - The company received an audit report with a disclaimer of opinion for its 2024 financial statements, indicating significant financial distress [5].

Core Viewpoint - The company, Aowei Communication Co., Ltd., is at risk of being delisted due to its stock price falling below the par value of 1 yuan and its market capitalization being below 500 million yuan, as per the Shenzhen Stock Exchange regulations [2][4]. Group 1: Reasons for Potential Delisting - As of January 15, 2026, the company's stock closed at 0.99 yuan per share, indicating a potential delisting risk if the stock price remains below 1 yuan for 20 consecutive trading days [2][4]. - The company's total market capitalization has been below 500 million yuan for 10 consecutive trading days, which also poses a risk of delisting if this condition persists for 20 consecutive trading days [2][4]. Group 2: Disclosure of Delisting Risk - The company is required to disclose the risk of potential delisting if its stock price falls below 1 yuan or if its market capitalization remains below 500 million yuan for the specified periods, as outlined in the Shenzhen Stock Exchange rules [5]. - The company has previously issued a risk warning regarding potential delisting due to market capitalization on January 5, 2026, and this announcement serves as a second warning regarding the stock price [5]. Group 3: Financial Performance - For the fiscal year 2024, the company reported a revenue of 291.29 million yuan, with a net profit attributable to shareholders of -46.11 million yuan, indicating financial distress [6]. - The company received an audit report with a disclaimer of opinion for the fiscal year 2024, which raises concerns about its financial health [7].

Core Viewpoint - The A-share market is experiencing significant divergence, with some stocks reaching new highs while others are continuously declining, leading to several stocks falling below the 1 yuan face value, thus facing delisting risks [1][2]. Group 1: Stock Performance - *ST Aowei (002231) recently closed at 0.99 yuan per share, marking the first time its stock price has fallen below 1 yuan [1]. - Other stocks such as *ST Changyao (300391) and *ST Lifang (300344) have also seen their prices drop below 1 yuan, with *ST Changyao currently at 0.68 yuan after a decline of over 60% in the past month [2]. - *ST Lifang's stock price has plummeted from over 5 yuan to 0.83 yuan, representing a cumulative decline of over 80% in less than two months [2]. Group 2: Market Trends - In contrast to the declining stocks, over 200 stocks in the A-share market have reached historical highs in the past month, with more than 160 stocks achieving this milestone in less than 10 trading days since 2026 began [3]. Group 3: Company Issues - Many companies that have fallen into the low-price stock category face various operational issues, leading to multiple delisting risks [4]. - *ST Changyao received a notice from the China Securities Regulatory Commission regarding false records in its annual reports for 2021, 2022, and 2023, which could lead to forced delisting [4]. - Similarly, *ST Lifang has also been notified of potential delisting due to false records in its financial reports [4]. Group 4: Market Insights - Market expert Gui Haoming noted that even in a bullish market, not all stocks will perform well; some may decline due to poor company performance or delisting pressures, indicating a shift from the past trend of simultaneous stock movements [5]. - The decline in stock prices and trading volumes below listing requirements is primarily attributed to operational issues within the companies, emphasizing that performance remains the top priority for investors [5].

Core Viewpoint - The A-share market is experiencing significant divergence, with some stocks continuously rising to new highs while others are plummeting, with several stocks falling below the 1 yuan face value, indicating potential delisting risks [1][2]. Group 1: Stock Performance - *ST Aowei (002231) recently announced a risk of delisting due to its stock price falling below the face value, closing at 0.99 yuan per share, marking its first drop below 1 yuan [1][7]. - *ST Changyao (300391) has seen its stock price drop to 0.68 yuan, having fallen over 60% in the past month, and has closed below 1 yuan for 11 consecutive trading days [3]. - *ST Lifang (300344) has experienced a dramatic decline from over 5 yuan to 0.83 yuan, with an 80% drop in less than two months, and has closed below 1 yuan for 3 consecutive trading days [5]. Group 2: Market Context - In contrast to the decline of certain stocks, over 200 stocks in the A-share market have reached historical highs in the past month, with more than 160 stocks achieving new highs in less than 10 trading days since 2026 began [9]. - The disparity in stock performance highlights a shift from the previous trend where most stocks moved in tandem, indicating that not all stocks benefit from a bullish market environment [12]. Group 3: Underlying Issues - Many companies that have fallen into the low-price stock category face various issues, including potential delisting risks due to operational irregularities or poor performance [11]. - *ST Changyao has received a notice from the China Securities Regulatory Commission regarding false disclosures in its annual reports for 2021, 2022, and 2023, which could lead to forced delisting [11]. - *ST Lifang is also facing similar risks due to false disclosures, while *ST Aowei's market capitalization has fallen below 5 billion yuan, putting it at risk of delisting if it remains below this threshold for 20 consecutive trading days [11].

每经AI快讯，有投资者在投资者互动平台提问：贵公司有卫星通信技术吗？ *ST奥维（002231.SZ）1月15日在投资者互动平台表示，公司暂不涉及相关业务。 （记者 张明双） ...

Group 1 - The company *ST Aowei (002231.SZ) has stated on its interactive platform that it is not currently involved in satellite communication technology-related business [1]

Group 1 - The company *ST Aowei (002231.SZ) has stated on its interactive platform that it is not currently involved in satellite communication technology-related business [1]

Group 1 - Siyuan Electric reported a total operating revenue of 21.205 billion yuan for 2025, a year-on-year increase of 37.18%, with a net profit attributable to shareholders of 3.163 billion yuan, up 54.35% year-on-year [1] - VisiOn expects a negative net profit for 2025, indicating a loss in operating performance [2] - Chongqing Steel anticipates a net loss of 2.5 billion to 2.8 billion yuan for 2025, which is an improvement from a net loss of 3.196 billion yuan in the previous year [3] - Lianfa Co. forecasts a net profit of 280 million to 320 million yuan for 2025, representing a year-on-year growth of 38.92% to 58.77% [4] Group 2 - CICC announced that the audit work related to the absorption merger with Dongxing Securities and Xinda Securities has not yet been completed [5] - Dalong Real Estate's subsidiary won a project bid worth 763 million yuan [6] - Zhongchuang Zhiling plans to issue convertible bonds to raise no more than 4.35 billion yuan for various projects [7] - Jintong Co. intends to acquire a 24% stake in Jinsha Molybdenum for 1.731 billion yuan [8] Group 3 - Nami Technology expects a net profit of 128 million to 145 million yuan for 2025, an increase of 54.51% to 75.03% year-on-year [9] - China State Construction reported a new contract total of 4.5458 trillion yuan for 2025, a 1% increase year-on-year [12] - China Metallurgical Group's new contract amount for 2025 is expected to decrease by 10.8% to 1.1136 trillion yuan [13] Group 4 - Beiding Co. reported a net profit of 111 million yuan for 2025, a year-on-year increase of 59.05% [14] - Southwest Securities expects a net profit of 1.028 billion to 1.098 billion yuan for 2025, an increase of 47% to 57% [15] - China Eastern Airlines reported a 4.93% year-on-year increase in passenger capacity for December 2025 [20] Group 5 - *ST Aowei's stock may be delisted due to a closing price below par value [21] - Yilian Network expects a net profit of 2.542 billion to 2.648 billion yuan for 2025, a decrease of 0% to 4% year-on-year [22] - Huochen Co. anticipates a net profit of 420 million to 540 million yuan for 2025, recovering from a loss of 2 million yuan in the previous year [17] Group 6 - Guoli Electronics expects a net profit of 68 million to 80 million yuan for 2025, an increase of 124.89% to 164.57% [28] - Jinchuan Group forecasts a net profit of 11 billion to 12 billion yuan for 2025, a year-on-year increase of 73.57% to 89.34% [41] - Triangle Tire plans to invest 3.219 billion yuan in a new tire project in Cambodia [42]

Monetary Policy - The People's Bank of China indicates that there is still room for reserve requirement ratio and interest rate cuts this year, with the current average reserve requirement ratio at 6.3% [1] - As of the end of December, the broad money supply (M2) reached 340.29 trillion yuan, reflecting an 8.5% year-on-year increase [1] Securities and Financing - Some brokerage firms are experiencing tight margin financing quotas, although major brokerages report sufficient funds [2] - Recent weeks have seen significant inflows into FOF products sold by fund companies through banks, with one company reporting over 200 million yuan in inflows [2] Automotive Industry - The price of entry-level LiDAR has dropped to around 1,000 to 3,000 yuan, which may enhance the adoption of traditional LiDAR in vehicles [3] - The demand for computing power in the automotive and autonomous driving sectors is expected to see a significant surge, potentially expanding tenfold with the rollout of L3 technology [3] Technology and Electronics - Global smartphone shipments are projected to reach 1.25 billion units in 2025, marking a 2% year-on-year increase, driven by seasonal demand and improved inventory management [4] - DRAM prices are rising due to suppliers hoarding inventory, with mainstream DDR4 prices increasing by approximately 9.64% [4] Corporate Developments - Vanke has proposed four debt restructuring plans, including options for full extension or partial repayment of principal, with a maximum of 40% principal repayment [4] - Longfor is seeking a valuation of approximately $30 billion for its Watsons retail subsidiary in an upcoming IPO [5] - Baoneng Automotive is reportedly facing a sales halt, with no vehicles available for sale [5] Financial Performance - China State Construction reported a 1% year-on-year increase in new contract value for 2025, totaling 45.458 trillion yuan [14] - China Metallurgical Group's new contract value for 2025 decreased by 10.8% year-on-year, totaling 1.1136 trillion yuan [15] - Siyuan Electric's net profit for 2025 is expected to grow by 54.35% year-on-year, reaching 3.163 billion yuan [16] - Chongqing Steel anticipates a net loss of 2.5 to 2.8 billion yuan for 2025, although this represents an improvement from the previous year's loss [18] Market Activity - The trading volume of the CSI 500 ETF exceeded 26.3 billion yuan, setting a historical record [22] - The Shanghai Composite Index fell by 0.33%, while the Shenzhen Component Index and the ChiNext Index saw gains [22][23]

人民财讯1月15日电，*ST奥维（002231）1月15日公告，1月15日公司股票收盘价格为0.99元/股；公司 股票收盘总市值为3.43亿元，已连续10个交易日股票收盘总市值均低于5亿元，若公司股票连续20个交 易日收盘价均低于1元或连续20个交易日收盘总市值均低于5亿元，公司股票将被深交所终止上市交易。 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。 ...