Sou Hu Cai Jing·2025-10-09 14:47Core Points - ST Meichen's stock price closed at 2.22 yuan on October 9, 2025, down 13.95% from the previous trading day, with a total market capitalization of 3.201 billion yuan [1] - The company announced that its stock price had deviated significantly, with a cumulative decline of over 30% on September 30 and October 9, constituting abnormal fluctuations [1] - The company confirmed that aside from previously disclosed false records in annual reports from 2014 to 2018, there are no other corrections or supplements needed [1] Financial Performance - The stock opened at 2.19 yuan, reached a high of 2.39 yuan, and a low of 2.19 yuan on the trading day, with a trading volume of 5.22 billion yuan and a turnover rate of 16.17% [1] - The company is undergoing a retrospective adjustment of prior financial reports with the assistance of an accounting firm [1] Corporate Actions - The company plans to sell 100% equity of Hangzhou Saishi Garden Group Co., Ltd., although this matter remains uncertain [1] - There are overdue debts in some subsidiaries, and the company is actively negotiating solutions [1] - The company stated that there are no violations of information disclosure regulations [1]