*ST高鸿收到股票终止上市决定

Core Points - The company ST Gao Hong (000851) has received a decision from the Shenzhen Stock Exchange to terminate its stock listing due to triggering mandatory delisting conditions [1] - The company's stock will not enter a delisting transition period and will be delisted within fifteen trading days after the decision [1] Summary by Category Company Announcement - The company announced on November 3, 2025, that it received a notice regarding the termination of its stock listing [1] - The termination is a result of the company triggering trading-related mandatory delisting conditions [1] Stock Market Impact - The company's stock will be delisted without a transition period, indicating an immediate impact on its trading status [1] - The delisting will occur within fifteen trading days following the announcement, affecting investors and market perception [1]