CDT(SZ:300344) Jin Rong Jie·2026-02-10 12:05Core Viewpoint - *ST Lifan's stock will resume trading on February 11, 2026, after a period of suspension due to significant price fluctuations and market speculation, despite the company stating that its fundamentals have not changed significantly [1][4][5]. Group 1: Stock Performance and Trading History - *ST Lifan's stock experienced a dramatic increase, achieving seven consecutive "20CM"涨停板 (limit-up) days from January 20, with the price rising from 0.66 yuan to 2.78 yuan, marking a 314.93% increase and boosting its market capitalization from under 600 million to 1.8 billion yuan [4]. - The company faced three trading suspensions within a month, starting from January 19, due to market rumors and subsequent investigations [5][7]. Group 2: Regulatory Actions and Financial Issues - The company has been under scrutiny for potential financial misconduct, with the Anhui Securities Regulatory Bureau issuing a notice regarding administrative penalties and market bans due to suspected false financial reporting from 2021 to 2023, involving over 500 million yuan in inflated revenue [6][10]. - The company is at risk of forced delisting due to serious violations of regulations, with the Shenzhen Stock Exchange indicating that it will initiate delisting procedures [10][11]. Group 3: Future Financial Outlook - For the year 2025, *ST Lifan anticipates revenues between 200 million to 230 million yuan, with expected net losses ranging from 180 million to 210 million yuan [11].