Shanghai Guijiu (SH:600696) Zheng Quan Ri Bao Wang·2025-12-09 10:55Core Viewpoint - The company *ST Rock (600696) has issued a statement denying rumors of a major equity transfer or other significant events, emphasizing that there are no undisclosed major issues as of the announcement date [1][2]. Group 1: Company Announcements - On December 9, *ST Rock announced that it is not involved in any major matters such as equity transfer, major asset restructuring, or bankruptcy reorganization [1]. - The company also reported that its board of directors held a meeting on December 8, 2025, where they elected Zhu Nuo as the vice chairman, who will act as the chairman due to the current chairman being under criminal investigation [1]. Group 2: Financial Risks - *ST Rock faces significant financial delisting risks, having been under delisting risk warning since April 23, 2025. The company reported a total revenue of only 34.76 million yuan and a net loss of 111.87 million yuan for the first three quarters of 2025 [2]. - According to the Shanghai Stock Exchange rules, if the company's audited profit or net profit is negative and revenue is below 300 million yuan for 2025, it will trigger financial delisting conditions [2]. Group 3: Market Reactions - The stock price of *ST Rock reached the daily limit on both December 8 and December 9, indicating significant market activity [3].