股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00696 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 932,562,000 | RMB | | 1 RMB | | 932,562,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | | | 本月底結存 | | | 932,562,000 | RMB | | 1 RMB | | 932,562,000 | | 2. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | ...

格隆汇1月23日丨*ST岩石(600696.SH)公布，公司预计2025年度实现营业收入为4,800.00万元至6,000.00 万元、扣除与主营业务无关的业务收入和不具备商业实质的收入后的营业收入为4,500.00万元至5,700.00 万元、利润总额为-24,000.00万元至-30,000.00万元、归属于上市公司股东的净利润为-18,000.00万元 至-25,000.00万元、归属于上市公司股东的扣除非经常性损益后的净利润为-13,000.00万元至-18,000.00万 元、归属于上市公司股东的净资产为15,000.00万元至22,000.00万元。 公司预计2025年度实现归属于上市公司股东的扣除非经常性损益前后的净利润均为负值，且扣除与主营 业务无关的业务收入和不具备商业实质的收入后的营业收入低于3亿元。根据《上海证券交易所股票上 市规则》，公司股票将因触及财务类退市情形被终止上市。 ...

Market Overview - The A-share market saw all three major indices rise, with the Shanghai Composite Index closing at 4165.29 points, up 1.09%. The Shenzhen Component Index increased by 1.75%, and the ChiNext Index rose by 1.82%. The total market turnover reached 3.64 trillion yuan, an increase of over 490 billion yuan compared to the previous trading day, with more than 4100 stocks closing higher [1]. Historical Highs - A total of 185 stocks reached their historical closing highs today, excluding newly listed stocks from the past year. The defense, machinery, and electronics sectors had a significant concentration of stocks hitting new highs, with 28, 27, and 24 stocks respectively. The average price increase for these stocks was 9.28%, with notable gainers including Tianrun Technology, Zhongcheng Technology, and Xingtou Measurement Control, all hitting the daily limit [2]. Top Gainers - Key stocks that saw significant price increases include: - Tianrun Technology: 34.93 yuan, up 30.00% - Zhongcheng Technology: 41.60 yuan, up 30.00% - Xingtou Measurement Control: 130.16 yuan, up 29.99% - Tianli Composite: 119.99 yuan, up 24.96% - Fujida: 56.00 yuan, up 21.74% [3][4]. Institutional Activity - In the market, 20 stocks were net bought by institutions, with 22 stocks net sold. The top net buy was Shanzi Gaoke, with an amount of 484.2 million yuan, followed by Leike Defense at 235 million yuan. On the sell side, Kunlun Wanwei saw the highest net sell at 536 million yuan [5][6]. Northbound Capital - Northbound funds saw net purchases in 13 stocks, with Shanzi Gaoke leading at 532 million yuan. Other notable net buys included BlueFocus and Yanshan Technology, both exceeding 250 million yuan. Conversely, Kunlun Wanwei had the highest net sell at 250 million yuan, despite its stock hitting the daily limit [7][8]. Company Announcements - *ST Yanshi (600696)*: Expected to have an operating income of less than 300 million yuan in 2025, with both net profits before and after deductions being negative, leading to potential delisting [10]. - Honor Biologics signed a licensing agreement with AbbVie, potentially receiving up to 4.95 billion USD in milestone payments [10]. - BlueFocus reported that AI-driven revenue constitutes a small portion of its overall revenue [15].

Core Viewpoint - The company *ST Yanshi (600696) is facing potential delisting due to triggering the delisting red line, with a projected revenue of less than 300 million yuan for 2025 and negative net profits, marking it as the first A-share stock expected to be forcibly delisted this year [1][4]. Financial Performance - For the first three quarters of 2025, *ST Yanshi reported a total revenue of 34.76 million yuan and a net loss of 112 million yuan [4]. - The stock price has seen a dramatic decline, with a single-quarter drop of 50.51% in Q4 2025, following heightened delisting risk expectations [4]. Market Reactions - The stock experienced a three-day limit-up rally from January 8 to January 12, 2026, driven by market speculation about a potential restructuring, but subsequently fell to a limit-down on January 12, closing at 3.04 yuan per share, a drop of over 94% from its historical high of 51.66 yuan [4][10]. Brand and Legal Issues - The company lost the "Guijiu" trademark due to a legal dispute, necessitating a complete rebranding, which could severely impact sales [10]. - Ongoing legal issues, including contract disputes and the criminal measures against the actual controller, have hindered restructuring efforts [10]. Shareholder Information - As of September 30, 2025, the company had a total of 25,525 shareholders [7]. Strategic Outlook - The company is reportedly seeking strategic investors and optimizing its resources, but the actual controller's legal troubles pose significant challenges to any potential restructuring [10].

Core Viewpoint - *ST岩石 is facing a potential delisting warning due to projected financial difficulties, with expected revenue for 2025 falling below 300 million yuan and negative profit figures [1][4]. Financial Performance - For the first three quarters of 2025, *ST岩石 reported cumulative revenue of 34.76 million yuan and a net profit attributable to shareholders of -112 million yuan [4]. - In 2021, the company achieved revenue of 603 million yuan and a net profit of 61.93 million yuan, while in 2022, revenue exceeded 1 billion yuan [4]. - The company experienced significant growth in 2023, with revenue surpassing 1.6 billion yuan and a net profit exceeding 87 million yuan [4]. - However, in 2024, revenue drastically declined to 285 million yuan due to a drop in white liquor sales [4]. Audit and Compliance Issues - The 2024 financial report received a qualified opinion from the auditing firm, citing major uncertainties regarding the company's ability to continue as a going concern [5]. - The audit report highlighted issues such as significant declines in revenue, negative operating cash flow, and a current ratio indicating that current liabilities exceed current assets [5]. - The company is currently undergoing an audit process, and the resolution of the issues raised in the qualified opinion remains uncertain [5][6]. Management and Operational Challenges - The company has faced operational challenges, including staff reductions and halted production and construction activities due to financial constraints [5]. - The actual controller of *ST岩石, 韩啸, has been subjected to criminal measures due to allegations of illegal fundraising related to 海银财富管理有限公司 [6]. Market Reaction - Despite the looming delisting warning and operational issues, *ST岩石's stock experienced a limit-up on January 12, with a market capitalization of approximately 1.1 billion yuan [6].

Market Overview - The A-share market saw all three major indices rise, with the Shanghai Composite Index closing at 4165.29 points, up by 1.09% [1] - The total market turnover reached 3.64 trillion yuan, an increase of over 490 billion yuan compared to the previous trading day, with more than 4100 stocks closing higher [1] Sector Performance - The Sora concept led the gains, with stocks like Yidian Tianxia and Zhongwen Online hitting the daily limit [1] - Other rising concepts included MLOps, AI corpus, and Zhipu AI, while sectors such as insurance, oil and gas extraction and services, and agricultural chemicals saw declines [1] Historical Highs - A total of 185 stocks reached historical closing highs, with significant concentrations in the defense, machinery, and electronics sectors, recording 28, 27, and 24 stocks respectively [2] - The average price increase for stocks reaching historical highs was 9.28%, with notable gainers including Tianrun Technology, Zhongcheng Technology, and Xingtou Measurement Control [2] Institutional Activity - In the Dragon and Tiger list, 20 stocks were net bought, with 22 stocks net sold; 17 stocks had net purchases exceeding 10 million yuan, led by Shanzi Gaoke with 484 million yuan [5] - The top net selling stock was Kunlun Wanwei, with a net sell amount of 536 million yuan [5] Notable Stocks - Stocks like Tianrun Technology and Xingtou Measurement Control saw significant daily increases of 30% and 29.99% respectively, while other notable gainers included Tianli Composite and Fujida [3][4] - The net buying activity from institutions included stocks such as Zhongke Xingtou and Bolite, with net purchases of 186.5 million yuan and 127.68 million yuan respectively [6] Announcements - *ST Yanshi is expected to have an operating income of less than 300 million yuan in 2025, leading to potential delisting due to financial issues [11] - Rongchang Bio signed a licensing agreement with AbbVie, potentially earning up to 4.95 billion USD in milestone payments [11]

Core Viewpoint - *ST Rock (600696) has announced a projected loss for the fiscal year 2025, which may lead to the termination of its stock listing due to financial criteria [2][4]. Group 1: Financial Performance - The company anticipates that its operating revenue for 2025 will be below 300 million yuan, with either total profit, net profit, or net profit after deducting non-recurring gains and losses expected to be negative [2]. - The 2024 financial report received a qualified audit opinion from Zhongxing Caiguanghua Accounting Firm, indicating significant uncertainties regarding the company's ability to continue as a going concern [4]. Group 2: Stock Listing Risks - If the 2025 financial report receives a qualified opinion, or if there are negative opinions on internal controls, the company's stock may be delisted due to financial criteria [4]. - The company's stock has experienced three consecutive trading limit increases, and it has issued a notice regarding abnormal stock trading fluctuations [4]. Group 3: Shareholder Issues - The controlling shareholder, Shanghai Guijiu Enterprise Development Co., Ltd., and its concerted parties have had a total of 216,740,245 shares judicially frozen, representing 64.80% of the company's total share capital [4].

Core Viewpoint - *ST Rock (600696) has announced a preliminary forecast indicating a significant decline in revenue and potential delisting due to financial issues in 2025 [2][4]. Financial Performance - The company expects its 2025 annual revenue to be below 300 million yuan, with total profit, net profit, or net profit after deducting non-recurring gains and losses expected to be negative [2]. - The 2024 financial report received a qualified opinion from the auditing firm, indicating major uncertainties regarding the company's ability to continue as a going concern [4]. Stock Market Implications - Due to the anticipated financial performance, the company's stock may face delisting under financial criteria as per the Shanghai Stock Exchange regulations [4]. - As of the report, *ST Rock's stock price has experienced three consecutive trading limit increases, despite the looming delisting risk [4]. Shareholder Issues - The controlling shareholder, Shanghai Guijiu Enterprise Development Co., Ltd., and its concerted parties have had a total of 216,740,245 shares judicially frozen, representing 64.80% of the company's total share capital [4]. Legal Matters - The actual controller of the company, Mr. Han Yao, has been subjected to criminal coercive measures due to the illegal fundraising activities of Haiyin Wealth Management Co., Ltd. [5].

格隆汇1月12日丨*ST岩石(600696.SH)公布，公司2025年前三季度累计实现营业收入3,476.21万元，实现 归属于上市公司股东的净利润-11,188.70万元。经公司财务部门初步测算，预计公司2025年度营业收入 低于3亿元，且利润总额、净利润或者扣除非经常性损益后的净利润孰低者为负值。根据《上海证券交 易所股票上市规则》的相关规定，2025年度经审计营业收入低于3亿元且利润总额、净利润或者扣除非 经常性损益后的净利润孰低者为负值的，公司股票将因触及财务类退市情形被终止上市。 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00696 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 932,562,000 | RMB | | | 1 RMB | | 932,562,000 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | | | 本月底結存 | | | 932,562,000 | RMB | | | 1 RMB | | 932,562,000 | | 2. 股份分類 | 普通股 | 股份類別 | 其他類別 (請註明) | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | -- ...