13次提示风险！603843 停牌核查结束 今日复牌

Core Viewpoint - *ST Zhengping has completed its stock trading review and will resume trading on November 12, 2025, after a significant stock price increase of 152.42% from September 1 to October 28, 2025, indicating potential market overheating and irrational speculation risks [2][3]. Group 1: Stock Trading and Review - The stock of *ST Zhengping was suspended from trading for review due to concerns over excessive price increases and potential risks [2][3]. - The review confirmed that non-operating fund occupation has been fully repaid, but the company faces significant uncertainties regarding its mineral resource mining capabilities and risks of delisting [3][4]. Group 2: Financial Performance - For the year 2024, *ST Zhengping reported a revenue of 1.362 billion yuan and a net loss of 484 million yuan, with a net loss of 990 million yuan for the first three quarters of 2025 [7]. - The company has been actively expanding into new business areas such as renewable energy construction and intelligent computing services to foster new growth points [7]. Group 3: Mining Operations and Risks - The company has received a mining license but lacks sufficient mining capacity, requiring significant investment for future development, which is uncertain due to financial constraints [6][7]. - As of June 30, 2025, the company had 102 million yuan in cash, with 81.6642 million yuan restricted, and a high debt ratio of 92.22% [6]. Group 4: New Business Ventures - *ST Zhengping has established a partnership with Hangzhou Bingtai Technology Co., focusing on data software development and computing services [8][10]. - The company is working on collaborative projects with local governments to develop intelligent computing and renewable energy initiatives [7].