两家A股公司业绩恶化拉响退市警报

Core Viewpoint - ST Lingnan and ST Huaxi are facing delisting risks due to performance indicators hitting red lines, leading to the imposition of "*ST" status [1][3] Group 1: Financial Performance and Risks - ST Lingnan has triggered two delisting red lines as per Shenzhen Stock Exchange rules: negative profit totals and net assets, with a total loss exceeding 3.6 billion yuan over three years [3] - ST Huaxi is expected to have negative net assets by the end of 2025, which also triggers delisting risk warnings [3] - Both companies have previously faced other risk warnings due to ongoing issues [3] Group 2: Regulatory and Compliance Issues - ST Lingnan has been under investigation for information disclosure violations since September 2025, with prior warnings about inflated revenue and inadequate provisions [5] - ST Huaxi faced scrutiny in April 2025 for a significant revision of its earnings forecast, changing from profit to loss [5] Group 3: Investor Actions and Legal Recourse - Investors affected by the companies' performance can pursue legal claims, with specific timeframes outlined for ST Lingnan and ST Huaxi [7] - Legal actions are being prepared by law firms on behalf of investors who suffered losses during specified periods [7]