正平股份：提示股票交易风险及多项退市风险

Core Viewpoint - The company, Zhengping Co., announced a significant stock price increase of 127.51% from September 1, 2025, to February 6, 2026, accompanied by high volatility in its stock price [1] Risk Factors - The company highlights several risks, including high secondary market trading risk [1] - There is a risk of delisting due to negative net assets, with the company's net assets reported at 280 million yuan as of the end of Q3 2025, and potential impairment from receivables [1] - The possibility of receiving a non-standard audit opinion exists [1] - If internal control audits continue to receive non-standard opinions in 2025, the company may face regulatory delisting [1] - There is uncertainty regarding the declaration of pre-restructuring creditor claims [1] - The ability to enter restructuring procedures is uncertain [1] - The company does not rule out the possibility of fund occupation and illegal guarantees [1] - There are concerns about insufficient mining capacity [1] - Mining rights may be subject to freezing [1] - The recruitment of restructuring investors is uncertain [1]