又一股被强制退市，一字跌停！股价蒸发8成

Core Viewpoint - *ST Yanshi (Shanghai Gui Jiu) is expected to face mandatory delisting due to projected revenue below 300 million yuan and negative net profit for the fiscal year 2025 [1][5][7]. Group 1: Financial Performance - The company reported revenue of 34.76 million yuan for the first three quarters of 2025, with a net profit of approximately -112 million yuan [7]. - A significant decline in revenue is noted, with an 80% year-on-year drop in 2024 and further substantial shrinkage anticipated for 2025 [7]. - The stock price has plummeted over 80% from its historical high of 51.66 yuan to 3.04 yuan per share following the delisting announcement [5]. Group 2: Regulatory and Legal Issues - The company is under scrutiny due to false reporting in annual reports from 2017 to 2020, leading to public condemnation and criminal measures against its actual controller, Han Qiao [7]. - The controlling shareholder's assets have been judicially frozen, further complicating the company's financial situation [7]. Group 3: Market Activity - Despite the impending delisting, some investors continue to speculate on the stock, with a cumulative price deviation of 12% over three trading days [7]. - The company has initiated aggressive sales strategies, including live-streaming sales at significantly reduced prices for its products, indicating a desperate attempt to generate revenue [8].