Sou Hu Cai Jing·2026-02-25 17:13Group 1 - The stock price of *ST Jingfeng (000908) closed at 6.52 yuan on February 25, 2026, down 1.66%, with a turnover rate of 1.9% and a trading volume of 167,000 hands, resulting in a transaction amount of 109 million yuan [1][2] - On February 25, 2026, the net outflow of main funds was 11.613 million yuan, indicating a trend of large capital exiting the market [2] - The company received approval for its restructuring plan from the Changde Intermediate People's Court in Hunan Province, which will increase the total share capital to 1,759,548,702 shares through a capital reserve transfer, with potential downward adjustment risks for the stock price [1][2] Group 2 - The capital reserve transfer will not allocate additional shares to existing shareholders, as all shares will be acquired by restructuring investors for paying bankruptcy costs, settling debts, and supplementing working capital [1] - The company warns investors of the risk of downward adjustment if the stock price exceeds 2.34 yuan per share on the record date [1]