Sou Hu Cai Jing·2025-11-10 14:39Core Points - ST Er Ya's stock price closed at 6.93 yuan on November 10, 2025, down 4.94% from the previous trading day, with a total market capitalization of 2.495 billion yuan [1] - The stock experienced an abnormal fluctuation, with a cumulative closing price drop exceeding 12% over three consecutive trading days [1] - The company reported a revenue of 172 million yuan and a net loss of 35.68 million yuan for the first three quarters of 2025 [1] - If the annual revenue for 2025 falls below 300 million yuan and losses continue, the company may face financial delisting risk [1] - The 2024 financial report received a qualified audit opinion, and the internal control audit report received a negative opinion [1] - The company and its actual controller, Zheng Jiping, are currently under investigation by the China Securities Regulatory Commission [1]