Sou Hu Cai Jing·2026-01-13 19:49Group 1 - The stock price of *ST Changyao (300391) closed at 0.79 yuan on January 13, 2026, down 2.47%, with a turnover rate of 16.39% and a trading volume of 574,300 shares, amounting to a transaction value of 45.203 million yuan [1] - The company is at risk of being delisted due to trading, financial issues, and significant legal violations, as its stock price has been below 1 yuan for nine consecutive trading days and its market capitalization has been below 300 million yuan for three days [1][2] - The company anticipates a negative net asset for the fiscal year 2025, and its financial report may receive a non-standard opinion, indicating serious financial distress [1] - The company has received a notice of administrative penalty from the China Securities Regulatory Commission (CSRC) due to false records in its annual reports from 2021 to 2023, which may lead to mandatory delisting [1] - A subsidiary of the company has been declared bankrupt, and a manager has been appointed [1] Group 2 - On January 13, 2026, there was a net outflow of 2.839 million yuan from main funds, indicating continued withdrawal by major investors [2] - The stock has been trading below 1 yuan for nine consecutive days, highlighting the risk of delisting due to trading-related issues [2]