Yuancheng(SH:603388) Sou Hu Cai Jing·2025-10-16 20:43Core Viewpoint - *ST Yuancheng's stock has experienced significant volatility, with potential risks of forced delisting due to continuous losses and regulatory issues [1][3]. Trading Information Summary - On October 16, *ST Yuancheng closed at 1.35 yuan, down 4.93%, with a turnover rate of 0.08% and a trading volume of 2,680 shares, amounting to 361,800 yuan [1]. - On the same day, the main funds saw a net outflow of 26.07 thousand yuan, accounting for 72.05% of the total trading volume, while retail investors had a net inflow of 19.32 thousand yuan, representing 53.4% of the total [1]. Company Announcements Summary - The stock price of Yuancheng Environment Co., Ltd. has deviated significantly, with a cumulative drop exceeding 12% over three consecutive trading days, leading to a market capitalization below 5 billion yuan, which may trigger forced delisting [1][3]. - The company received a notice from the China Securities Regulatory Commission regarding administrative penalties due to false records in annual reports from 2020 to 2022, which may lead to significant legal consequences [1][3]. - The controlling shareholder's associate, Hangzhou Beijia Investment Co., Ltd., had 6,872,194 shares (2.11% of total shares) auctioned but failed to attract bids, indicating financial distress [2][3]. - The controlling shareholder and associates hold a total of 38,672,194 shares, representing 11.87% of total shares, with 84.19% of their shares frozen [2].