上海创兴资源开发股份有限公司 关于股票交易风险提示的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 上海创兴资源开发股份有限公司（以下简称"创兴资源"、"公司"或"本 公司"）股价近期涨幅较大，公司特别提醒广大投资者注意二级市场交易风险， 相关提示如下： 一、二级市场交易的风险 公司股票于 2025 年 5 月 6 日、5 月 7 日、5 月 8 日连续 3 个交易日内收盘价 格涨幅偏离值累计超过 12%，属于股票交易异常波动的情形，公司已于 2025 年 5 月 9 日披露了《股票交易异常波动公告》。2025 年 5 月 9 日，公司股票再次涨停。 鉴于公司股票价格短期涨幅较大，现郑重提醒广大投资者充分了解二级市场交易 风险，切实提高风险意识，理性决策，审慎投资。 二、公司存在退市风险 公司 2024 年度经审计的利润总额、净利润及扣除非经常性损益后的净利润均 为负值且扣除与主营业务无关的业务收入和不具备商业实质的收入后的营业收入 低于 3 亿元，根据《上海证券交易所股票上市规则》第 9.3.2 条第一款第（一）项 规 ...

证券代码：603389 证券简称：*ST 亚振 公告编号：2025-022 ? 生产经营风险。公司 2024 年度经审计的扣除非经常性损益后的净利润为 负值，且扣除与主营业务无关的业务收入和不具备商业实质的收入后的营业收入 低于 3 亿元，触及《上海证券交易所股票上市规则》第 9.3.2 条第一款第（一） 项规定，公司股票于 2025 年 5 月 6 日起实施退市风险警示。公司 2025 年第一季 度营业总收入为 4,067.57 万元（未审计），归属于上市公司股东的净利润为 -2,131.38 万元，归属于上市公司股东的扣除非经常性损益的净利润为-2,047.67 万元（未审计）。 ? 敬请广大投资者注意风险，理性决策，审慎投资。 公司于 2025 年 5 月 6 日、7 日、8 日连续三个交易日内收盘价格涨幅偏离值 累计超过 12%，根据《上海证券交易所交易规则》的有关规定，属于股票交易异 常波动情况。公司已于 2025 年 5 月 9 日在指定信息披露媒体及上海证券交易所 网站（www.sse.com.cn）披露了《亚振家居股份有限公司股票交易异常波动暨风 险提示公告》（公告编号：2025-021）。 ...

Group 1 - The core point of the article is that *ST Renle (002336.SZ) is facing potential delisting from the Shenzhen Stock Exchange due to negative net assets and consecutive years of losses [2][3] - As of the end of 2023, the company's audited net assets were -387 million yuan, leading to a delisting risk warning on April 22, 2024 [2] - The 2024 annual report indicated a further decline in net assets to -404 million yuan, with the financial report receiving an audit opinion that could not express an opinion [2] Group 2 - Renle has experienced continuous losses for four consecutive years from 2021 to 2024, with a reported revenue of approximately 1.43 billion yuan in 2024, a year-on-year decrease of 49.86% [3] - The company attempted various capital operations, including selling stakes in multiple subsidiaries, but these efforts were ultimately unsuccessful [3] - The chairman, Hou Yankui, resigned due to health reasons after only a year and a half in office, relinquishing all positions including director and legal representative [3]

Group 1 - The company's stock experienced an abnormal trading fluctuation, with a cumulative closing price drop exceeding 12% over three consecutive trading days from May 6 to May 8, 2025 [2][3] - The company conducted a self-examination and confirmed that there are no undisclosed significant matters or important information as of the announcement date [4][5] Group 2 - The company's production and operations have not undergone significant changes, and daily operations remain stable without any major adjustments in market environment or industry policies [4] - There are currently no major undisclosed matters related to significant asset restructuring, share issuance, acquisitions, or other major corporate actions [5][6] Group 3 - No media reports or market rumors have been identified that could significantly impact the company's stock price [6][7] - The first major shareholder and actual controller, as well as the company's directors and senior management, did not engage in any stock trading during the period of abnormal stock fluctuation [7] Group 4 - As of May 8, 2025, the company's stock price has been below RMB 1 for three consecutive trading days, which may lead to a potential delisting if it remains below this threshold for 20 consecutive trading days [9] - The company has received a notice from the China Securities Regulatory Commission regarding administrative penalties for false records in its annual reports from 2020 to 2023, which may lead to a major delisting risk [10] - The company has been flagged for financial delisting risks due to negative net assets reported in the 2024 annual audit [10] - The company faces regulatory delisting risks due to significant non-operational fund occupation by related parties, which exceeds 30% of the latest audited net assets [11][12]

山东新潮能源股份有限公司（简称ST新潮，600777.SH），这家市值超200亿（截至5月7日为218.3亿）公司的股民，这几天有点儿焦虑，甚至 恐慌了。 本来坐山观虎斗、鹬蚌相争的渔翁得利之局，突然横生变数。此前，内蒙古伊泰煤炭股份有限公司（900948.SH，下称"伊泰B股"）和浙江金帝 石油勘探开发有限公司（下称"金帝石油"），都向ST新潮股东发出部分要约收购。 制图：佘诗婕 7日，ST新潮公告称，6日收到中国证监会的《立案告知书》，原因是未按规定披露2024年年报。 有意思的是，尽管被中国证监会立案调查，ST新潮却公告称，"公司将积极配合中国证监会的相关工作，并严格按照规定及监管要求履行信息 披露义务。目前公司经营情况正常。" 而对ST新潮的投资者来说，现在面临的风险和不确定性就大多了。 根据《上市公司信息披露管理办法》，ST新潮股票自5月6日起停牌。若停牌后两个月内仍无法披露年报，将被实施退市风险警示（*ST）；若 此后两个月仍未披露，可能被终止上市。 也就是说，ST新潮的股民未来一段时间内可能面临股票退市的风险。 有猜测称，公司年报难产可能与更换审计机构有关。 2024年，ST新潮的原审计机构中兴 ...

Core Viewpoint - Tianmao Group's failure to disclose its 2024 annual report and 2025 Q1 report within the legal deadline has led to a suspension of trading by the Shenzhen Stock Exchange and an investigation by the China Securities Regulatory Commission (CSRC), highlighting issues related to corporate governance, financial risk, and regulatory compliance [1][2][3] Group 1: Disclosure Issues - The company was scheduled to disclose its periodic reports on April 29, 2025, but failed to do so by the legal deadline of April 30 due to the need for further verification of certain information [1] - Trading of the company's stock was suspended starting May 6, 2025, and if the annual report is not disclosed within two months, it will face a delisting risk warning (ST) [1][2] - The CSRC has initiated an investigation into the company for failing to disclose regular reports on time, which increases the risk of delisting [1][2] Group 2: Financial Performance - Tianmao Group has been experiencing continuous losses, reporting a loss of 652 million yuan in 2023, with an expected loss of between 500 million to 750 million yuan in 2024, primarily due to the underperformance of its subsidiary, Guohua Life Insurance [1][2] - Guohua Life Insurance has faced challenges such as increased reserve requirements due to declining interest rates, investment losses (e.g., losses from Guanghui Automotive stocks), and a 23.8% year-on-year decline in premium income in Q1 2025 [1][2] Group 3: Market Reaction and Investor Sentiment - The company's stock price has dropped over 40% from its peak at the beginning of the year, closing at 2.74 yuan before the suspension, resulting in a market capitalization reduction to 13.5 billion yuan [2] - The company's measures, such as a share buyback of 36.49 million shares, have not effectively restored market confidence, with investors expressing skepticism about the company's explanations and fearing potential financial fraud or asset issues [2][3] Group 4: Broader Industry Implications - The incident raises concerns about the financial stability of the insurance industry, particularly for small and medium-sized insurance companies under pressure from declining interest rates and reserve requirements [2][3] - The case serves as a warning for the capital market, emphasizing the need for listed companies to strengthen internal controls and audit cooperation to avoid risks stemming from disclosure deficiencies [3]

Core Points - Several companies in the A-share market have suspended trading due to the inability to disclose annual reports on time, raising concerns about potential delisting risks [1][2] - Companies affected include Jinlitai, Tianmao Group, *ST Hengli, ST Xinchao, and Zitian Technology, all of which failed to meet the legal deadline for report disclosure [1][2] - Tianmao Group forecasts a net loss of 500 million to 750 million yuan for the previous year [1] - *ST Hengli faces delisting as it cannot disclose its 2024 annual report and 2025 Q1 report within the required timeframe [1] - Zitian Technology has not appointed an annual audit accountant, preventing it from disclosing its reports on time [2] - The A-share market mandates companies to publish annual reports within four months after the fiscal year-end, with strict penalties for non-compliance [2] - The robotics industry is highlighted as a growth sector, yet *ST Gongzhi, involved in industrial robotics, is facing delisting due to continuous financial losses [2][3] - *ST Gongzhi has reported a net loss of approximately 215 million yuan for 2024 and has received a notice of termination of listing from the Shenzhen Stock Exchange [3]

值得注意的是，ST新潮、 紫天科技 、金力泰、 天茂集团 等公司的股价在年报"难产"公告后表现不 一。尤其是ST新潮，尽管面临财务信息补充和核实的问题，股价却逆势上涨，显示出资金的关注与炒 作。相对而言，天茂集团和ST恒立则因业绩不佳和审计未完成，股价表现疲软，甚至遭遇连续跌停。 这些公司的年报无法按时披露，往往意味着其面临较大的经营风险，未来可能会被实施"退市风险警 示"，甚至在严重情况下面临强制退市。因此，投资者需密切关注这些公司未来的财务状况及监管动 向。 截至2025年5月6日，A股上市公司年报披露季已结束，但依然有8家公司未能按时披露年报。 玉龙股份 、 中航产融 和 普利退 三家公司正在推进退市程序，因此无法提交年报。其余五家公司由于重要事项未 能完成核实或补充，年报至今仍未能披露，且这些公司股票已于5月6日起停牌。停牌前，尽管大多数公 司的股价呈现下跌趋势，但 ST新潮 在公告"年报难产"后，反而迎来了股价的上涨。 这些年报"难产"的公司市值差异显著。玉龙股份和中航产融市值较大，分别超过百亿元，其中中航产融 的市值达到306亿元。相反， 金力泰 等其他公司的市值则较小，约为20亿元或更低。对于这 ...

Group 1 - The company guarantees the authenticity, accuracy, and completeness of the quarterly report, and assumes legal responsibility for any false records or misleading statements [2][3] - The financial data for the first quarter is not audited, indicating that the figures may be subject to change upon final audit [3][8] - The company has a significant risk of delisting if its audited profit or revenue falls below specified thresholds, particularly due to its reliance on military product sales [5][6] Group 2 - The company has recognized revenue of 53,562,000.00 yuan from a certain model's supporting products, with accounts receivable of 13,571,616.00 yuan as of December 31, 2024, and has made provisions for bad debts [6][7] - A dispute regarding the pricing of certain military products has arisen, and an agreement has been reached to initiate a pricing review process, although the details have not yet been finalized [7] - The financial statements for the first quarter of 2025 are prepared but remain unaudited, with no significant changes reported from previous periods [8]

Core Viewpoint - The article discusses the impending delisting of Guandao Digital, which is set to become the first true delisted stock on the Beijing Stock Exchange due to a "disclaimer of opinion" audit report for its 2024 annual report, following an ongoing investigation by the China Securities Regulatory Commission (CSRC) for information disclosure violations [1][2]. Group 1: Audit and Financial Issues - Guandao Digital's 2024 annual report received a "disclaimer of opinion" from the auditing firm Zhongshunhua, indicating systemic fraud involving falsified contracts and inflated revenue and net profit, leading to a complete failure of the internal control system [2][4]. - The audit report highlighted three main reasons for the disclaimer: the inability to verify the accuracy of prior accounting corrections, the ongoing CSRC investigation, and significant uncertainties regarding the company's ability to continue as a going concern due to halted main business operations and overdue loans totaling 32.21 million yuan [4][5][6]. Group 2: Company Response and Actions - The board of directors of Guandao Digital has acknowledged the audit findings and is taking steps to address the issues, including hiring a third-party independent agency for further investigation and implementing a rectification plan with clear timelines and responsibilities [3][7]. - The company is also working to stabilize its industrial digitalization business in collaboration with Siemens and is exploring various funding channels to resolve short-term cash flow issues [7]. Group 3: Investor Protection Measures - Guandao Digital's sponsor, Wukuang Securities, has announced plans to take all possible measures, including advance compensation, to protect investor rights amid the ongoing investigation and financial discrepancies [8]. - The article references a previous case where a similar advance compensation fund was established for investors affected by fraudulent activities, highlighting the importance of swift action to mitigate investor losses [9].