002231，拉响退市警报！

Core Viewpoint - *ST Aowei has received a notice of termination of listing from the Shenzhen Stock Exchange due to its stock market value falling below 500 million yuan for twenty consecutive trading days, which is a violation of the listing rules [2][4]. Group 1: Company Financial Performance - In 2025, *ST Aowei is expected to report a net loss of between 133 million yuan and 266 million yuan, representing a year-on-year decline of 188.41% to 476.82% [4][5]. - The company attributes the increased losses to several factors, including the suspension of operations at its subsidiary, a significant drop in revenue from its metal products business, and credit impairment losses due to delayed repayments [5]. - The company has been under risk warning since April 29, 2025, due to negative net profits and revenues below 300 million yuan [5]. Group 2: Stock Performance and Market Reaction - Since September 2025, *ST Aowei's stock price has declined by over 86%, closing at 0.60 yuan per share on January 29, 2026, with a total market capitalization of 208 million yuan [5]. - The stock has been suspended from trading starting January 30, 2026, pending the final decision from the Shenzhen Stock Exchange regarding its listing status [4][5].