BLEST(SH:603959) Sou Hu Cai Jing·2025-06-13 15:08Core Viewpoint - ST Baili has experienced significant stock price fluctuations, raising concerns about irrational speculation and potential risks associated with its financial performance and regulatory compliance [2][3]. Group 1: Stock Performance and Trading Risks - ST Baili's stock price increased by 40.84% from May 30 to June 13, 2025, with six trading days hitting the daily limit [2] - The stock's closing price deviation exceeded 12% over three consecutive trading days, triggering an abnormal trading alert [2] - The company confirmed normal production and operations, with no undisclosed significant information [2] Group 2: Regulatory Issues - On October 9, 2024, ST Baili and its actual controller Wang Hairong received a notice from the China Securities Regulatory Commission regarding suspected violations of information disclosure laws [3] - Affected investors who purchased ST Baili shares between April 29, 2023, and April 29, 2024, can register for compensation claims [3] Group 3: Company Overview and Financial Performance - ST Baili was established on November 11, 1992, with a registered capital of 490.30 million RMB, focusing on engineering consulting, equipment manufacturing, and integrated solutions [3][4] - The company reported revenues of 1.041 billion RMB, 3.220 billion RMB, and 2.069 billion RMB for 2021, 2022, and 2023, respectively, with year-on-year changes of -25.85%, 209.24%, and -35.74% [5] - The net profit attributable to shareholders was 29.33 million RMB, 8.59 million RMB, and -118 million RMB for the same years, reflecting significant declines in profitability [5] - The company's debt-to-asset ratio increased from 78.82% in 2021 to 85.19% in 2023 [5] Group 4: Risk Factors - ST Baili has a total of 272 internal risks and 272 external risks, along with 8 historical risks and 137 warning alerts [5]