Sou Hu Cai Jing·2026-01-20 19:33Group 1 - The stock of *ST WanFang (000638) closed at 3.71 yuan on January 20, 2026, down 5.12%, marking a continuous decline for six days, with a cumulative drop of 20.76% for the year [1][3] - In the last ten trading days, the main funds have seen a net outflow of 28.13 million yuan, while the stock price has dropped by 28.13% during the same period [1] - On January 20, the main funds experienced a net outflow of 1.24 million yuan, while retail investors saw a net inflow of 1.047 million yuan [1][3] Group 2 - *ST WanFang was listed on the "Dragon and Tiger List" due to a cumulative price deviation of 14.06% over three consecutive trading days, indicating abnormal fluctuations [2] - The company confirmed that there are no major undisclosed information or significant changes in its operational situation, despite being under delisting risk warning [2] - The company is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure, with potential implications for forced delisting if major violations are confirmed [2][3]