Core Viewpoint - ST Shuguang announced the removal of other risk warnings on its stock, changing its name from "ST Shuguang" to "Shuguang Co., Ltd." with the same stock code 600303, effective April 21, 2025 [1][3]. Group 1: Stock Suspension and Resumption - The company will suspend trading on April 18, 2025, for one day and will resume trading on April 21, 2025 [2][3]. - The stock price fluctuation limit will change from 5% to 10% after the removal of risk warnings [3]. Group 2: Historical Context and Internal Control - The company faced internal control issues leading to a negative audit report in 2021, resulting in the implementation of risk warnings since May 6, 2022 [3]. - The company submitted an application to the Shanghai Stock Exchange to remove the risk warnings on April 10, 2023, after rectifying internal control deficiencies [3][9]. Group 3: Recent Stock Performance - ST Shuguang's stock has shown strong performance, achieving five consecutive trading days of gains from April 10 to April 16, 2025 [3]. - As of April 17, 2025, the stock price increased by 1.29% to 3.92 CNY per share, with a total market capitalization of 2.68 billion CNY [4]. Group 4: Financial Performance - For the year 2024, the company reported a total revenue of 1.475 billion CNY, an increase of 8.20% year-on-year, but still recorded a net loss of 341 million CNY, marking the fourth consecutive year of losses [8]. - The company sold 2,907 vehicles in 2024, facing significant operational pressure due to low production capacity utilization [8].
经营状况稳步向好!ST曙光撤销风险警示,4月21日摘帽复牌