Sou Hu Cai Jing·2025-11-14 15:22Core Viewpoint - ST Er Ya (600107) experienced a significant stock price increase, raising concerns about potential financial risks and ongoing investigations by regulatory authorities [1] Group 1: Stock Performance - As of November 14, 2025, ST Er Ya closed at 7.62 yuan, up 4.96% from the previous trading day, with a total market capitalization of 2.743 billion yuan [1] - The stock opened at 7.59 yuan, reached a high of 7.62 yuan, and a low of 7.37 yuan, with a trading volume of 1.18 billion yuan and a turnover rate of 4.31% [1] Group 2: Financial Performance - For the first three quarters of 2025, the company reported revenue of 172 million yuan and a net loss of 35.68 million yuan [1] - If the annual revenue falls below 300 million yuan and losses continue, the company may face financial delisting risk warnings [1] Group 3: Regulatory Issues - The 2024 financial report received a qualified audit opinion, and the internal control audit report received a negative opinion [1] - If the internal control report for 2025 also receives a negative or unable to express an opinion, it may trigger regulatory delisting risk warnings [1] - The company and its chairman, Zheng Jiping, are currently under investigation by the China Securities Regulatory Commission [1]