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ST景谷: 股票交易风险提示公告

Core Viewpoint - The company is facing significant operational and financial challenges due to legal issues affecting its major subsidiary, which has halted production and may lead to substantial revenue declines [1][2][3] Market Trading Risks - The company's stock price has experienced significant volatility, with a cumulative price increase exceeding 12% over three consecutive trading days, triggering abnormal fluctuation standards [1] - The stock reached its daily limit up on multiple occasions, indicating potential short-term risks of price correction [1] Major Asset Restructuring Risks - The company is in the preliminary stages of planning a major asset sale, which could drastically reduce its main business scale, as the subsidiary's revenue accounted for 87.02% of the company's audited revenue for the previous year [2] - The asset sale is still under discussion and has not yet resulted in a formal agreement, leading to significant uncertainty regarding the transaction [2] Legal and Financial Risks - The subsidiary is involved in 12 legal cases with a total claim amount of approximately 95.15 million yuan, which poses a risk to the company's net assets [2][3] - The subsidiary's production lines are currently shut down due to court-ordered asset preservation measures, leading to a halt in normal operations and a significant drop in sales revenue [3] Inventory Loss Risks - The subsidiary reported an inventory loss of approximately 19 million yuan due to unauthorized sales by a board member, which may result in a loss of about 9.69 million yuan attributable to the parent company [3] - The ongoing investigation by law enforcement may further complicate the recovery of lost assets [3] Financial Performance Risks - The company anticipates a substantial decline in its half-year financial performance, projecting a net loss of between 130 million yuan and 100.3 million yuan [3] - The company has faced negative net profits for three consecutive years, raising concerns about its ability to continue as a going concern [4]