Core Viewpoint - Chongqing Sansheng Industrial Co., Ltd. has issued a correction regarding the risk of its stock being delisted, highlighting significant financial challenges and the potential for termination of listing due to negative net assets and continuous losses [1][3][4]. Financial Performance Summary - The company has revised its 2025 annual performance forecast, now estimating a net profit attributable to shareholders of between -53,000 million and -38,000 million, with a net profit excluding non-recurring gains and losses between -52,000 million and -36,000 million, and operating revenue between 91,000 million and 107,000 million [2][13]. - The projected net assets at the end of 2025 are expected to be between 12,000 million and 20,000 million [2][13]. Risk of Delisting - The company has faced a negative net asset situation as of the end of 2024, which triggers delisting risk warnings under the relevant listing rules [4][5]. - Continuous negative net profits for the years 2022, 2023, and 2024, along with an audit report indicating uncertainty in the company's ability to continue as a going concern, further exacerbate the risk of delisting [4][14]. - The company is required to issue risk warning announcements every ten trading days until the annual report is disclosed, following the initial warning [4][5]. Regulatory Compliance - The company must adhere to the listing rules, which stipulate that if certain financial conditions are met, including negative net assets and negative profits, the stock may be subject to termination of listing [5][12]. - The company has expressed its commitment to providing accurate and complete information to investors, acknowledging the inconvenience caused by the correction [1][3].
重庆三圣实业股份有限公司关于公司股票可能被终止上市的风险提示公告的更正公告