Sou Hu Cai Jing·2025-10-27 16:59Core Points - ST Lingnan's stock price closed at 1.85 yuan on October 27, 2025, down 2.12% with a turnover rate of 14.98% and a trading volume of 2.42 million shares, amounting to a transaction value of 449 million yuan [1] Trading Information Summary - On October 27, 2025, the net outflow of main funds was 53.59 million yuan, while retail investors saw a net inflow of 32.62 million yuan [1][3] Company Announcement Summary - ST Lingnan's stock experienced an abnormal fluctuation with a cumulative price deviation exceeding 12% from October 22 to 24, 2025. The company confirmed that previous disclosures were accurate and that there were no undisclosed matters. The company and its former controlling shareholder, Yin Hongwei, are under investigation by the China Securities Regulatory Commission for information disclosure violations. Yin Hongwei's shares, totaling 100 million shares, have been judicially auctioned, reducing his holding from 14.71% to 11.42% [1] - The subsidiary, Shanghai Hengrun Digital Technology Group Co., Ltd., has been accepted for bankruptcy liquidation by the court. Since April 30, 2025, the company's stock has been subject to other risk warnings, with major bank accounts frozen and an internal control audit report indicating a negative opinion, highlighting uncertainties regarding the company's ability to continue operations. The company is facing multiple overdue debts and may encounter lawsuits and asset freezes [1]