19连板 停牌核查！

Core Viewpoint - ST Zhongdi's stock price has experienced significant volatility, with a 153.19% increase from October 16 to November 12, prompting the company to investigate the trading fluctuations and suspend trading for up to three days starting November 13 [2][3]. Group 1: Stock Performance and Trading Suspension - On November 12, ST Zhongdi's stock hit a daily limit up, closing at 10.71 yuan per share, marking a 19-day consecutive rise [3]. - The stock's closing price deviation over three consecutive trading days reached 16.24%, indicating abnormal trading activity as per Shenzhen Stock Exchange regulations [3]. Group 2: Company Operations and Shareholder Changes - Despite the stock price fluctuations, the company and its subsidiaries are operating normally, with no significant changes in the main business [4]. - The company's controlling shareholder has changed to Shenzhen Tianwei Investment Partnership (Limited Partnership) after an auction completed on October 17, where approximately 71.14 million shares were sold for about 255 million yuan [4]. Group 3: Financial Performance and Risks - For the first three quarters of 2025, ST Zhongdi reported approximately 135 million yuan in revenue, a 52.64% year-on-year decline, and a net loss of about 151 million yuan, down 41.83% year-on-year [4]. - The company warned of potential delisting risks if its audited profit totals, net profit, or net profit after non-recurring items are negative by December 31, 2025, and if its revenue falls below 300 million yuan [5]. - As of the first three quarters of 2025, the company's equity attributable to shareholders was -8.52 million yuan, a 103% year-on-year decline, raising further concerns about delisting if the year-end net assets are negative [5].