Core Viewpoint - *ST Xingnong is facing significant financial challenges, with projected losses for 2025 and potential delisting risks due to financial indicators [2][4]. Trading Information Summary - As of January 30, 2026, *ST Xingnong's stock closed at 5.82 yuan, down 0.17%, with a turnover rate of 1.52%, trading volume of 39,600 shares, and a transaction value of 22.9765 million yuan [1]. - On the same day, the net inflow of main funds was 1.1996 million yuan, accounting for 5.22% of the total transaction value, while retail investors experienced a net outflow of 0.6656 million yuan, representing 2.9% of the total transaction value [1]. Performance Disclosure Highlights - *ST Xingnong forecasts a full-year 2025 operating revenue of 310 million to 350 million yuan, with a net loss attributable to shareholders ranging from 90 million to 135 million yuan [2]. - The company anticipates a total profit loss of 100 million to 70 million yuan for 2025, with a net profit attributable to the parent company expected to be between -135 million and -90 million yuan [2]. - The expected net asset value by the end of 2025 is projected to be between 100 million and 150 million yuan [2]. Company Announcement Summary - Due to financial indicators triggering delisting risk warnings for the 2024 fiscal year, *ST Xingnong's stock has been designated as ST [2][4]. - If the 2025 annual report continues to meet the criteria for delisting as per the Shanghai Stock Exchange regulations, the company's stock may face termination of listing [2][4]. - The company is currently under investigation by the China Securities Regulatory Commission since September 2025, with ongoing audit work and no final audit opinion yet formed [3].
股市必读:*ST星农(603789)预计2025年全年营业收入3.5亿元至4亿元