New Stock Listings - Nant Technology (920124) listed at an issue price of 8.66 on November 27, 2025[1] - Tianpu Co., Ltd. (605255) is in the offer period from November 20 to December 19, 2025[1] - Jianglong Shipbuilding (300589) and Huasheng Lithium Battery (688353) reported significant abnormal fluctuations[1] Abnormal Fluctuations - Multiple companies including ST Wanfang (000638) and ST Dongyi (002713) have reported abnormal trading activities[2] - Companies such as ST Suwu (600200) and ST Yanshan (000608) are also under scrutiny for unusual market behavior[3]

Core Viewpoint - The company, Lifan Shuke Co., Ltd., is currently under investigation by the China Securities Regulatory Commission for alleged violations of information disclosure related to its periodic reports, which may lead to mandatory delisting if found guilty [1] Group 1: Litigation Overview - The company’s wholly-owned subsidiary, Lifan Shuke (Anhui) Information Technology Co., Ltd., has initiated a lawsuit against Harbin Institute of Technology Industrial Robot Co., Ltd. due to a sales contract dispute, with the amount in question being 61,221,213.77 yuan [1][2] - The first-instance court ruled that the evidence presented was insufficient to reflect the entire nature of the transaction, leading to the dismissal of the case [2][3] - The second-instance court upheld the first-instance ruling, stating that the case involved economic crime suspicions and should be handled based on the results of the ongoing criminal investigation [3][4] Group 2: Court Decisions and Implications - The Anhui Provincial High Court rejected the subsidiary's request for a retrial, affirming that the case's handling is contingent upon the outcome of the related criminal investigation [5][6] - The company retains the option to file a new lawsuit based on new facts that emerged after the second-instance ruling, as indicated by recent documents from the Harbin Public Security Bureau [6][7] - The impact of this litigation on the company's current and future profits remains uncertain due to its connection with the ongoing criminal investigation [7] Group 3: Other Legal Matters - As of the announcement date, the company has no other undisclosed significant litigation or arbitration matters [8] - The company will closely monitor the situation and fulfill its information disclosure obligations [8]

立方数科股份有限公司 公告 证券代码：300344 证券简称：ST 立方 公告编号：2025-074 3、涉案的金额：61,221,213.77 元； 4、对上市公司损益产生的影响：公司全资子公司立方数科（安徽）信息科 技有限公司（以下简称安徽立方数科或原告）与哈尔滨工大工业机器人有限公司 之间纠纷因有其他第三人涉嫌经济犯罪嫌疑，本案的处理与公安机关正在侦查的 刑事案件存在关联，本案处理须以刑事案件处理结果为依据。本案经安徽省六安 市中级人民法院终审裁定，维持一审驳回起诉的裁定。现虽经安徽省高级人民法 院裁定驳回子公司立方数科(安徽)信息科技有限公司的再审申请,但因哈尔滨市 公安局香坊分局出具的两份公文形成于前述二审裁定后，属于新发生的事实，依 据相关规定，安徽立方数科可以另行起诉主张权利，而非通过审判监督程序申请 立方数科股份有限公司 关于公司全资子公司涉及重大诉讼的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别风险提示： 立方数科股份有限公司（以下简称公司或立方数科）因定期报告涉嫌信息披 露违法违规目前正在被中国证券监督管理委员会(以下简称 ...

格隆汇11月26日丨ST立方(300344.SZ)在投资者互动平台表示，公司目前暂无数据安全业务。 ...

Group 1: Financial Developments - AIC, a wholly-owned subsidiary of China CITIC Bank, has been approved to commence operations with a registered capital of RMB 10 billion, located in Guangzhou, which will enhance the financial ecosystem in the Greater Bay Area and support high-quality economic development [1] - During the 14th Five-Year Plan period, Shenzhen enterprises have raised over RMB 2.8 trillion in direct financing, marking a more than 50% increase compared to the previous five-year period, positioning Shenzhen as the third-largest city in China for direct financing [3] Group 2: Economic Activity - The total number of travelers passing through Shenzhen's ports has exceeded 240 million, surpassing the total for the entire previous year, achieving this milestone 38 days ahead of schedule, driven by the influx of visitors for the 15th National Games [2] - The signing of a cooperation agreement between the National Sports Administration and the Guangdong-Hong Kong-Macao Greater Bay Area aims to strengthen sports collaboration and resource sharing, enhancing the integration of sports development in the region [4] Group 3: Market Performance - On November 24, the Shenzhen Component Index closed at 12,585.08 points, reflecting a 0.37% increase [5] - Notable stock performances include Jiuzhiyang and Zhaobiao Co., both rising by 20%, while Qingshuiyuan and ST Hezhong saw declines of 18.42% and 16.84%, respectively [6]

Core Viewpoint - The A-share market in 2025 is experiencing an intensified regulatory storm, with multiple companies facing investigations and warnings, highlighting governance issues and a market environment where "bad money drives out good" [1] Regulatory Developments - In the third week of November, the China Securities Regulatory Commission (CSRC) issued multiple investigation notices to listed companies, including Haosai and Jushi Chemical, due to information disclosure violations, leading to significant stock price declines [3] - A total of 100 listed companies or executives have been investigated in 2025, with over 90% of cases involving financial fraud and information disclosure violations [5] - 15 companies have received formal penalties, with ST Yundong facing the highest fine of 6 million yuan for false financial reporting [7] Company-Specific Risks - ST Changyao is at high risk of delisting due to negative net assets and numerous lawsuits, while ST Lifang faces potential delisting if financial fraud is confirmed [3][5] - ST Yuancheng has become the first case of "market value delisting" in 2025, with its market value falling below 500 million yuan for 20 consecutive trading days [7] Systemic Regulatory Changes - The regulatory environment is tightening, with a focus on improving the structure of listed companies and protecting investors, as emphasized by CSRC Vice Chairman Li Chao [9] - Recent policies aim to strengthen risk prevention and regulation, extending enforcement to intermediary institutions, with 13 brokerages penalized for various violations [9] Market Trends - There is a notable trend of long-term capital entering the market, with social security, insurance, and pension funds net buying over 200 billion yuan of A-shares in 2025 [9] - Regulatory encouragement for dividends and buybacks has led to significant capital returns to shareholders, with 4.2 trillion yuan in dividends and 230 billion yuan in buybacks from 2024 to July 2025 [9]

立方数科股份有限公司 公告 一、立案调查进展情况 证券代码：300344 证券简称：ST 立方 公告编号：2025-073 立方数科股份有限公司 关于立案调查事项进展暨风险提示的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别风险提示： 立方数科股份有限公司（以下简称"公司"或"立方数科"）因定期报告涉 嫌信息披露违法违规目前正在被中国证券监督管理委员会(以下简称"中国证监 会")立案调查,若后续经中国证监会行政处罚认定的事实，触及《深圳证券交易 所创业板股票上市规则》规定的重大违法强制退市情形，公司股票将被实施重大 违法强制退市。敬请投资者注意投资风险。 公司于 2025 年 4 月 28 日收到中国证监会下发的《立案告知书》因定期报告 涉嫌信息披露违法违规，根据《中华人民共和国证券法》《中华人民共和国行政 处罚法》等法律法规，证监会决定对公司立案。公司已于 2025 年 4 月 29 日在指 定信息披露媒体上披露了《关于公司收到中国证券监督管理委员会立案告知书的 公告》（公告编号：2025-020）。 截至目前，公司经营情况正常。中国证监会的调查 ...

立方数科股份有限公司 公告 证券代码：300344 证券简称：ST 立方 公告编号：2025-072 立方数科股份有限公司 二、风险提示 若后续经中国证监会行政处罚认定的事实，触及《深圳证券交易所创业板 股票上市规则》规定的重大违法强制退市情形，公司股票将被实施重大违法强制 退市。敬请投资者注意投资风险。公司指定的信息披露媒体为《证券时报》和巨 立方数科股份有限公司 公告 特别风险提示： 立方数科股份有限公司（以下简称公司或立方数科）因定期报告涉嫌信息披 露违法违规目前正在被中国证券监督管理委员会(以下简称"中国证监会")立案 调查,若后续经中国证监会行政处罚认定的事实，触及《深圳证券交易所创业板 股票上市规则》规定的重大违法强制退市情形，公司股票将被实施重大违法强制 退市。敬请投资者注意投资风险。 一、立案调查进展情况 公司于 2025 年 4 月 28 日收到中国证监会下发的《立案告知书》因定期报告 涉嫌信息披露违法违规，根据《中华人民共和国证券法》《中华人民共和国行政 处罚法》等法律法规，证监会决定对公司立案。公司已于 2025 年 4 月 29 日在指 定信息披露媒体上披露了《关于公司收到中国证券监督 ...

立方数科股份有限公司 公告 证券代码：300344 证券简称：ST 立方 公告编号：2025-071 立方数科股份有限公司 关于持股 5%以上股东部分股份拟被第二次司法拍卖的 的提示性公告 1 立方数科股份有限公司 公告 公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别风险提示： 立方数科股份有限公司（以下简称"公司"或"立方数科"）因定期报告涉 嫌信息披露违法违规目前正在被中国证券监督管理委员会(以下简称"中国证监 会")立案调查,若后续经中国证监会行政处罚认定的事实，触及《深圳证券交易 所创业板股票上市规则》规定的重大违法强制退市情形，公司股票将被实施重大 违法强制退市。敬请投资者注意投资风险。 1、持有公司股份持股 5%以上股东樊立先生所持有的公司 67,557,299 股 （占本公司总股本比例 10.53%）将被北京金融法院司法拍卖；公司于 2025 年 8 月 16 日在巨潮资讯网披露了《关于持股 5%以上股东部分股份将被司法拍卖的提 示性公告》，于 2025 年 10 月 1 日披露了《关于持股 5%以上股东部分股份司法 拍卖流拍暨进展公告》，樊 ...

立方数科股份有限公司 公告 证券代码：300344 证券简称：ST 立方 公告编号：2025-070 立方数科股份有限公司 关于监事离任的公告 公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 公司分别于 2025 年 10 月 29 日召开第九届董事会第十三次会议、第九届监 事会第十次会议，于 2025 年 11 月 17 日召开 2025 年第一次临时股东大会审议 通过《关于取消监事会并修订<公司章程>及相关议事规则的议案》。 为贯彻落实《中华人民共和国公司法》《关于新<公司法>配套制度规则实施 相关过渡期安排》《上市公司章程指引》等法律法规及规范性文件的相关规定， 结合公司实际情况，公司将不再设置监事会、监事，由公司董事会审计委员会行 使《中华人民共和国公司法》规定的监事会职权，《监事会议事规则》将同步废 止，公司各项规章制度中涉及监事会、监事的规定不再适用。第九届监事会主席 任斐女士，职工代表监事郭文娟女士、监事汪志春先生所担任的监事职务自然免 除，任斐女士和郭文娟女士仍在公司担任其他职务，汪志春先生将不再公司担任 其他职务。第九届监事会原定任期为 202 ...