Yuancheng(SH:603388) Sou Hu Cai Jing·2025-11-02 02:41Core Viewpoint - *ST Yuancheng's stock price has significantly declined, with a current market value of 2.54 billion yuan, raising concerns about potential delisting risks due to continuous low trading prices and market capitalization [1][5][6] Trading Information Summary - *ST Yuancheng's stock was listed on the "Dragon and Tiger List" twice due to a cumulative price drop of 12% over three consecutive trading days [2][6] - The company experienced significant block trades from October 27 to October 31, with total transaction amounts reaching 233.54 million yuan [2][6] Shareholder Changes - As of September 30, 2025, the number of shareholders increased to 12,600, representing a growth of 23.65% since June 30, 2025 [3][6] - The average number of shares held per shareholder decreased from 32,100 to 25,900, with an average holding value of 46,700 yuan [3] Performance Disclosure Highlights - For the first three quarters of 2025, *ST Yuancheng reported a main revenue of 102 million yuan, a slight increase of 0.1% year-on-year, but a net profit attributable to shareholders of -143 million yuan, down 72.59% year-on-year [4][6] - The third quarter alone saw a main revenue of 20.14 million yuan, a decline of 54.7% year-on-year, with a net profit of -16.34 million yuan, an increase of 7.94% compared to the previous quarter [4] Company Announcement Summary - *ST Yuancheng's stock price fell below 1 yuan for the first time on October 27, 2025, leading to multiple risk warnings regarding potential delisting due to market capitalization falling below 5 billion yuan for 14 consecutive trading days [5][6] - The company has faced regulatory scrutiny due to false reporting in annual reports from 2020 to 2022, which may lead to mandatory delisting [5][6]