000584，触及强制退市！

Core Viewpoint - *ST Gongzhi has received a notice of termination of listing due to consecutive years of financial reports being issued with "unable to express an opinion" audit results, triggering mandatory delisting rules from the Shenzhen Stock Exchange [2][3][7]. Group 1: Termination of Listing - The company received the termination notice on April 30, 2025, from the Shenzhen Stock Exchange [5]. - The termination is based on the 2024 financial report being issued with an "unable to express an opinion" audit report, along with a negative opinion on internal control [7]. - The company has the right to request a hearing or submit written statements within specified timeframes after receiving the notice [8]. Group 2: Audit Issues - The audit firm, Unitaizhen Qing Accounting Firm, stated it could not obtain sufficient and appropriate audit evidence to form an opinion on the financial statements [10]. - Key issues leading to the audit's inability to express an opinion include incomplete disposal of equity investment platforms and confusion over revenue recognition methods [10]. Group 3: Independent Directors' Concerns - All independent directors voted to abstain from approving the 2024 annual report due to numerous uncertainties and incomplete rectification of issues [11]. - Concerns included frequent personnel changes, incomplete audit materials, and unverified financial data [12]. Group 4: Financial Performance - In Q1 2024, the company reported a 75.21% year-on-year decline in revenue, with net losses expanding to 28.4953 million yuan [14]. - The asset-liability ratio rose to 91%, raising doubts about the company's ability to continue operations [14]. - The company's stock price decline has resulted in a reduction in the number of shareholders, with an average holding value of 47,100 yuan per shareholder [16].