Sou Hu Cai Jing·2026-01-08 18:50Group 1 - The stock of *ST Changyao (300391) closed at 0.87 yuan on January 8, 2026, with a rise of 3.57% and a turnover rate of 20.42%, totaling a trading volume of 715,300 shares and a transaction amount of 61.77 million yuan [1][2] - On January 8, the main funds experienced a net outflow of 2.77 million yuan, while retail investors showed a net inflow of 1.99 million yuan [2] - The company is at risk of being delisted due to its market capitalization falling below 300 million yuan, stock price remaining below 1 yuan for five consecutive trading days, and negative net assets projected for the end of 2024 and the third quarter of 2025 [1][2] Group 2 - The company has been under investigation by the China Securities Regulatory Commission for false reporting in its annual reports from 2021 to 2023, which may lead to mandatory delisting due to significant legal violations [1] - Additional risks include overdue debts, frozen bank accounts, and bankruptcy of subsidiaries [1]