*ST正平：全资子公司生光矿业取得采矿许可证

Core Viewpoint - The company *ST Zhengping has completed the transfer of exploration rights to mining rights for the M1 magnetic anomaly area of the Naling Guole River West Iron Polymetallic Mine, but faces significant uncertainties regarding future mining operations and profitability due to insufficient funds, personnel, and equipment [1] Group 1 - The wholly-owned subsidiary, Shengguang Mining, has obtained the mining license from the Qinghai Provincial Natural Resources Department [1] - The company currently lacks adequate funding, personnel, and equipment for subsequent mining operations, leading to major uncertainties regarding the progress of mineral resource extraction and potential revenue generation [1] - There is a risk of delisting if the issues related to the non-standard audit opinion are not resolved by the end of 2025, which could result in the company's stock being delisted [1] Group 2 - The company is experiencing issues with fund occupation and continuous operating losses [1]