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 [1][3]. Group 1: Stock Performance and Trading Suspension - The stock price of ST Zhongdi reached a closing price of 10.71 yuan per share on November 12, marking a 19-day consecutive increase [1]. - The stock exhibited an abnormal trading fluctuation, with a cumulative price deviation of 16.24% over three consecutive trading days [3]. Group 2: Shareholding Changes - The company's controlling shareholder, Runhong Fuchuang, completed a share auction on October 17, with Shenzhen Tianwei Investment Partnership acquiring 71.14 million shares for approximately 255 million yuan [4]. - The actual control of the company has shifted to Men Hongda and Zhang Wei, who jointly control the company [4]. Group 3: Financial Performance - For the first three quarters of 2025, ST Zhongdi reported a revenue of approximately 135 million yuan, a year-on-year decrease of 52.64%, and a net loss attributable to shareholders of approximately 151 million yuan, down 41.83% year-on-year [4]. - The company's equity attributable to shareholders was -8.5168 million yuan, reflecting a 103% year-on-year decline [5]. Group 4: Risk of Delisting - The company has warned that if its audited profit totals, net profit, or net profit after excluding non-recurring gains and losses are negative by December 31, and if its revenue falls below 300 million yuan, it may face delisting risk [5].