Core Viewpoint - *ST Jinzhou is facing multiple delisting risks due to financial losses and potential violations of regulations, despite a significant reduction in losses compared to the previous year [1][2][3] Financial Performance - The company expects a loss of between 60 million to 90 million yuan for 2022, which is a significant reduction from a loss of 1.525 billion yuan in 2021 [1] - For the first three quarters of 2022, the company reported revenue of 62 million yuan and a loss of 55 million yuan [1] - The reduction in losses is attributed to several factors, including the non-consolidation of a subsidiary's losses, debt forgiveness, and increased market promotion of gold and jewelry products [1] Delisting Risks - The company is at risk of being delisted if its audited net assets are negative, or if its net profit (after deducting non-recurring gains and losses) is negative and revenue is below 100 million yuan [1] - The company has received a notice from the China Securities Regulatory Commission regarding potential violations that could lead to mandatory delisting [2] - If the company's stock price remains below 1 yuan for 20 consecutive trading days, it will trigger trading-related delisting risks [2] Regulatory Environment - The new delisting regulations have introduced more diverse standards, emphasizing the principle of "delisting when necessary" [3] - The company is currently verifying the facts and financial data related to the notice from the regulatory authority and is preparing to appeal [2][3]
*ST金洲连续11个交易日收盘价低于每股1元 面临多重退市风险
Xin Hua Wang·2025-08-12 05:54