Sou Hu Cai Jing·2026-01-06 20:32Group 1 - The stock of *ST Changyao closed at 0.88 yuan on January 6, 2026, down 1.12%, with a turnover rate of 15.68% and a trading volume of 549,400 shares, amounting to a transaction value of 47.54 million yuan [1][2] - On January 6, the net outflow of main funds was 858,100 yuan, while retail investors saw a net inflow of 1,088,700 yuan [2] - The company has issued a risk warning regarding the potential termination of its stock listing due to negative net assets for the fiscal year 2024 and the possibility of receiving a non-standard audit opinion for its financial reports [1][2] Group 2 - The company has faced administrative penalties from the China Securities Regulatory Commission (CSRC) for false disclosures in its annual reports from 2021 to 2023, which may lead to mandatory delisting [1] - The stock price has been below 1 yuan for several consecutive days, and if it remains below this threshold for twenty consecutive trading days, it will trigger a delisting event [1] - A subsidiary of the company has been declared bankrupt, and a manager has been appointed [1]