Mei Ri Jing Ji Xin Wen·2025-12-24 02:53Core Viewpoint - *ST Dongyi has announced a risk warning regarding the downward adjustment of its stock price due to a capital reserve increase in its restructuring plan, with an average price of 5.89 yuan per share for the stock increase [1][7]. Group 1: Stock Adjustment and Restructuring - The company will implement a capital reserve increase of 12.7 shares for every 10 shares based on its existing total share capital of 420 million shares, resulting in a new total of 950 million shares [5]. - The stock adjustment is mandatory, with the record date set for December 29, 2025, and the current stock price at 10.42 yuan per share, indicating an inevitable adjustment [7]. - Unlike traditional stock increases, the new shares will not be distributed to existing shareholders, meaning they will directly bear the impact of the stock price adjustment [4][8]. Group 2: Market Reactions and Comparisons - Previous cases such as *ST Mingjia and *ST Ningke have shown that stock prices can recover after a downward adjustment, with *ST Ningke experiencing a 26.24% drop on the adjustment day but later achieving a "seven consecutive board" rise [9]. - *ST Mingjia saw a 9.55% drop on the adjustment day but rebounded by 14.78% the following day, indicating potential for recovery if market sentiment is favorable [10]. - The market's perception of the restructuring's success and the improvement of assets and operations will significantly influence whether *ST Dongyi can replicate such recovery trends [10].