ECEC(SZ:002199) Jing Ji Guan Cha Wang·2026-02-11 02:17Core Viewpoint - *ST Dongjing (002199.SZ) is projected to achieve an operating revenue of 340-370 million yuan in 2025, with a net revenue of 330-360 million yuan, both exceeding the 300 million yuan delisting threshold [1] Group 1 - The company needs to generate 146 million yuan in revenue in the fourth quarter, with 102 million yuan expected from the newly added battery-grade lithium carbonate business [1] - The battery-grade lithium carbonate business was not disclosed in the semi-annual report, leading to uncertainty in revenue recognition [1] - The company's revenue for the first three quarters was 184 million yuan, with quarterly revenue remaining stable in the range of 50-67 million yuan [1] Group 2 - If the special audit excludes the revenue from the new business, the company may face a delisting crisis [1]