603557，董秘上任20日后离职

Core Viewpoint - ST Qibu, known as the "first children's shoe stock" in A-shares, is facing potential delisting due to expected losses in 2025, following the resignation of its secretary just 20 days after taking office [2][6][7]. Group 1: Company Overview - ST Qibu was established in 2009 and focuses on the design, research and development, production, and sales of children's shoes, clothing, and accessories [4]. - The company was listed on the Shanghai Stock Exchange in 2017 and is recognized for its core brand "ABCKIDS," targeting the mid-range market for children aged 3 to 13 [4]. Group 2: Financial Performance - ST Qibu has reported continuous losses for five consecutive years, with net profits attributable to shareholders of -480 million yuan in 2022, -656 million yuan in 2023, and -116 million yuan in 2024 [4]. - The company forecasts a net profit loss of between -128 million yuan and -178 million yuan for 2025, with revenue expectations between 150 million yuan and 200 million yuan, significantly below 300 million yuan [6]. Group 3: Regulatory and Legal Issues - The anticipated financial performance triggers delisting risk warnings under the Shanghai Stock Exchange rules, potentially leading to the stock being marked as *ST after the 2025 annual report [7]. - In 2021, the company faced regulatory scrutiny due to internal control issues and has been involved in legal proceedings for securities fraud, resulting in a fine of 10 million yuan [8].