Sou Hu Cai Jing·2026-02-11 17:09Core Viewpoint - ST Cuihua (002731) has experienced a significant decline in stock price, with a drop of 5.01% on February 11, 2026, and a cumulative decrease of 34.73% over the past ten trading days, indicating potential concerns regarding the company's financial health and market confidence [1][2][6]. Trading Information Summary - On February 11, ST Cuihua closed at 10.23 yuan, down 5.01%, with a trading volume of 3,256 lots and a total transaction value of 3.33 million yuan [1][2]. - The stock has seen a continuous decline for two consecutive days, with a total net outflow of 259 million yuan from major funds over the last ten trading days [2][6]. Fund Flow Analysis - On February 11, major funds experienced a net outflow of 507,400 yuan, while retail investors saw a net inflow of 479,800 yuan [3][6]. Company Responses to Investor Inquiries - The company has acknowledged inquiries regarding internal controls over gold inventory and the risk of major shareholders misappropriating gold, stating that it will comply with regulatory disclosure requirements [4]. - In response to concerns about financial irregularities and loan defaults, the company confirmed receipt of a notice from the China Securities Regulatory Commission regarding an investigation and emphasized its commitment to timely information disclosure [4]. - The company has not provided specific details on gold sales performance ahead of the Spring Festival, indicating that such information will be disclosed in accordance with regulatory requirements [5].