SONGFA(SH:603268) Shang Hai Zheng Quan Bao·2026-02-13 17:25Core Viewpoint - Guangdong Songfa Ceramics Co., Ltd. is at risk of being delisted due to negative financial performance in 2024, with a warning issued by the Shanghai Stock Exchange [2][4][26] Group 1: Delisting Risk Announcement - The company disclosed a warning on April 28, 2025, indicating that its audited profit and net profit for 2024 were negative, and its revenue from core business was below 300 million yuan, triggering delisting risk warnings [2][4] - The Shanghai Stock Exchange implemented a delisting risk warning on April 29, 2025, based on the company's financial performance [4][26] - The company has announced expectations of turning a profit in 2025, with projected total profit and net profit exceeding zero, and revenue from core business expected to surpass 300 million yuan [2][5] Group 2: Compliance and Reporting Obligations - According to the stock listing rules, the company must disclose potential delisting risk announcements within one month after the end of the accounting year and every 10 trading days until the annual report is disclosed [3][6] - This announcement marks the second risk warning regarding potential delisting, emphasizing the need for investors to be aware of investment risks [7] Group 3: Financial Reporting and Audit Progress - The company is actively working on the preparation and audit of its 2025 annual report, with the audit firm Zhonghui being appointed for the financial report and internal control audit [13][14] - The company has communicated with the audit firm regarding the performance forecast, and both parties have no significant disagreements on the content of the performance forecast [14]