智通财经网·2026-01-13 11:53Core Viewpoint - Company *ST Changyao (300391.SZ) is at risk of being delisted due to its stock price and market capitalization falling below regulatory thresholds [1] Group 1: Stock Performance - As of January 13, 2026, the company's stock closed at 0.79 yuan per share, having been below 1 yuan for nine consecutive trading days [1] - The company's market capitalization is 277 million yuan, which has been below 300 million yuan for three consecutive trading days [1] Group 2: Regulatory Compliance - According to the Shenzhen Stock Exchange's GEM Listing Rules, if the company's stock price remains below 1 yuan for twenty consecutive trading days, or if its market capitalization stays below 300 million yuan for the same period, it will face delisting [1] - The company has been under delisting risk warnings since April 22, 2025, and has faced additional warnings since December 29, 2025 [1] Group 3: Financial Status - The company is expected to report a negative net asset value at the end of 2025, pending the official audited annual report [1] - If the audited net assets for 2025 are negative, or if the financial report receives a qualified opinion, disclaimer, or adverse opinion, the company will trigger mandatory delisting conditions [1]