A股异动丨*ST长药一字跌停 股价创逾16个月新低

Core Viewpoint - *ST Changyao (300391.SZ) experienced a significant drop, hitting a limit down at 2.76 yuan, with over 650,000 sell orders, marking a new low since July 3, 2022 [2] Summary by Relevant Sections - Company Announcement - The company received a "Notice of Investigation" from the China Securities Regulatory Commission (CSRC) on November 7, 2025, due to suspected false reporting of financial data [2] - The CSRC has decided to initiate an investigation against the company [2] - Potential Consequences - If the investigation results in administrative penalties that reveal major violations, the company may face mandatory delisting due to serious misconduct [2]