华西能源工业股份有限公司关于公司股票交易可能被实施退市风险警示的第二次提示公告

Core Viewpoint - The company, Huaxi Energy Industrial Co., Ltd., is at risk of being delisted due to an expected negative net asset value of -40 million yuan at the end of 2025, which may lead to a *ST designation on its stock [2][3]. Group 1: Risk of Delisting - The company has issued a second warning regarding the potential delisting risk, as the preliminary financial assessment indicates a negative net asset value for 2025 [2][3]. - According to the Shenzhen Stock Exchange listing rules, if the audited net assets are negative, the company will receive a delisting risk warning after the annual report is disclosed [3][4]. - The company is required to issue at least two risk warning announcements before the annual report is disclosed, with this being the second such announcement [4]. Group 2: Internal Control Audit - The company received an audit report for the 2024 financial year indicating an inability to express an opinion on internal controls, leading to an "other risk warning (ST)" designation effective April 30, 2025 [5][7]. - The internal control audit for 2025 is ongoing, and the final audit opinion remains uncertain; if it is unfavorable, the company will face a delisting risk warning [6][7]. - The company has established a rectification leadership group to address the issues identified in the internal control audit and has begun implementing corrective measures [9][10]. Group 3: Progress on Rectification - The company has made progress in rectifying internal control deficiencies, including the completion of funding management and accounts receivable controls [11][12]. - Specific projects, such as the firefighting renovation and equipment installation for the Fuping EPC project, are still in progress, with plans for equipment acceptance and installation pending [11][15]. - The company has taken steps to ensure effective internal control operations and plans to apply for the removal of the risk warning once the necessary audit reports are obtained [15].