Yuancheng(SH:603388) Sou Hu Cai Jing·2025-09-06 23:17Summary of Key Points Core Viewpoint - *ST Yuancheng (603388) is facing significant financial and operational challenges, including an ongoing investigation by the China Securities Regulatory Commission (CSRC) for alleged false disclosures in its annual reports, which could lead to delisting risks. Company Announcements - The company received a notice from the CSRC on July 1, 2025, regarding the investigation for suspected false disclosure of financial data in its annual reports [1][2] - For the first half of 2025, the company reported revenue of 82.34 million yuan and a net loss attributable to shareholders of 126.80 million yuan [1][2] - The company and its subsidiaries have had multiple bank accounts frozen, with a total amount of 330.52 million yuan, representing 39.02% of the latest audited net assets [1][2] Stock Performance - As of September 5, 2025, *ST Yuancheng's stock closed at 2.16 yuan, down 2.26% from the previous week [1] - The stock reached a weekly high of 2.30 yuan on September 3 and a low of 2.13 yuan on September 4 [1] - The company's total market capitalization is currently 704 million yuan, ranking 45th in the infrastructure sector and 5151st in the overall A-share market [1]