Zhengping Road & Bridge (SH:603843) Xin Lang Cai Jing·2026-01-06 10:27Core Viewpoint - The company, Zhengping Co., announced significant stock price volatility and irrational speculation from September 1, 2025, to January 6, 2026, indicating high trading risks [1] Financial Performance - As of the end of Q3 2025, the company's net assets attributable to shareholders were only 280 million yuan, with a potential risk of negative net assets due to asset impairment, which could lead to delisting [1] - The company's revenue for 2024 was 1.362 billion yuan, with a net loss attributable to shareholders of 484 million yuan [1] - For the first three quarters of 2025, the company reported revenue of 652 million yuan and a net loss attributable to shareholders of 99 million yuan [1] Debt and Restructuring - The company is undergoing a pre-restructuring process with partial debt claims, which may not resolve the issues related to the non-standard audit opinion for 2024 [1]