*ST正平：股票交易异常波动，业绩亏损存多项风险

Core Viewpoint - The company *ST Zhengping has experienced significant stock price volatility, with a cumulative decline exceeding 12% over three consecutive trading days, indicating abnormal fluctuations [1] Financial Performance - In 2024, the company reported a revenue of 1.362 billion yuan and a net profit attributable to shareholders of -484 million yuan [1] - For the first three quarters of 2025, the company generated a revenue of 652 million yuan and a net profit attributable to shareholders of -99 million yuan [1] Audit and Compliance Issues - The company has unresolved non-standard audit opinion matters for the 2024 fiscal year, which raises concerns about its financial reporting [1] - There is uncertainty regarding the acceptance of the pre-restructuring application, which could impact the company's future operations [1] - The non-standard opinion in the third-quarter report is pending verification, indicating potential issues with financial transparency [1] Operational Risks - The company may face risks related to fund occupation and illegal guarantees, which could further complicate its financial situation [1] - Insufficient mineral extraction capacity has been identified as a potential operational risk, affecting the company's ability to generate revenue [1] Listing Status - The combination of unresolved audit issues, potential funding irregularities, and operational challenges may lead to the company's stock being delisted [1]