*ST高鸿：深交所决定公司股票终止上市

Core Viewpoint - *ST Gaohong (000851.SZ) has received a decision from the Shenzhen Stock Exchange to terminate its stock listing due to its stock price being below 1 yuan for twenty consecutive trading days from September 1 to September 26, 2025 [1] Group 1 - The company's stock will not enter a delisting arrangement period and will be delisted within fifteen trading days after the termination decision [1] - The company has signed a "Stock Transfer Agency Agreement" with Pacific Securities, appointing them as the agency for stock transfer [1]