Core Viewpoint - Yichin Photovoltaic (600537.SH), known as the "first stock in photovoltaic modules," announced a profit warning, expecting a negative net profit for the fiscal year 2025, which may exceed the audited net assets of the previous year, potentially leading to negative net assets by the end of 2025 [2] Group 1: Financial Performance - The company anticipates a net profit attributable to shareholders will be negative for the fiscal year 2025, indicating a significant operational loss [2] - The total market value of Yichin Photovoltaic dropped by 8.35% following the announcement, bringing it to 4.7 billion yuan [2] - If the audited net assets are confirmed to be negative at the end of 2025, the company will face delisting risk under the Shanghai Stock Exchange's regulations [2] Group 2: Operational Challenges - Recently, the company received a notice from the Quanjiao Economic Development Zone regarding a potential recovery of 140 million yuan in project funding due to failure to fulfill prior investment agreements [3] - The company stated that the impact of the hearing and final administrative decision on current or future profits remains uncertain [3] - The photovoltaic industry has faced structural capacity mismatches and a downturn, leading to a decline in operational rates across the sector, with Yichin Photovoltaic's projects only partially completed [3] Group 3: Production Status - Various production bases of Yichin Photovoltaic have begun to cease operations, with the Chuzhou base starting to shut down in October 2024 [4] - The 5GW PERC battery capacity at the Changzhou base and the 7.5GW TOPCon battery capacity at the Chuzhou base have already been halted [4]

2026.01. 08 对于被追债的影响，亿晶光电彼时表示："听证及最终行政决定结果尚不确定，听证对公司本期利润 或期后利润产生的影响尚不确定。" 本文字数：909，阅读时长大约1.5分钟 作者 | 第一财经 陆如意 有着"光伏组件第一股"之称的亿晶光电（600537.SH）8日发布业绩预亏公告称，预计2025年度归属 于上市公司股东的净利润为负值，2025年度经营业绩将出现亏损，且亏损金额预计将会超过上一年 度经审计的净资产，公司2025年度期末净资产可能为负值。 受此消息影响，亿晶光电今日开盘大跌，截至发稿下跌8.35%，总市值47亿元。 预亏公告提示，公司2025年末净资产可能为负。据交易所相关规定，若后续的年报审计正式确认其 2025年末的净资产为负值，将触及上交所《股票上市规则》中"最近一个会计年度经审计的期末净资 产为负值"的财务类强制退市指标，公司股票将按规定被实施退市风险警示（*ST）。 按交易所相关规定，2026年对亿晶光电来说是自救的唯一窗口期。公司必须在2026年年度报告中同 时满足净资产转正、避免"净利润为负且营收低于1亿"、获得"标准无保留意见"的审计报告。若2026 年年报仍不达标 ...

2026年对亿晶光电来说是自救的唯一窗口期。 有着"光伏组件第一股"之称的亿晶光电（600537.SH）8日发布业绩预亏公告称，预计2025年度归属于上 市公司股东的净利润为负值，2025年度经营业绩将出现亏损，且亏损金额预计将会超过上一年度经审计 的净资产，公司2025年度期末净资产可能为负值。 受此消息影响，亿晶光电今日开盘大跌，截至发稿下跌8.35%，总市值47亿元。 对于被追债的影响，亿晶光电彼时表示："听证及最终行政决定结果尚不确定，听证对公司本期利润或 期后利润产生的影响尚不确定。" 公司表示，由于光伏行业近几年的阶段性结构型产能错配及行情疲软，全行业产能开工率持续下滑等原 因，亿晶光电的滁州项目只完成一期光伏电池项目中7.5GW产能的落地，电池剩余产能及二、三期光伏 切片和光伏组件项目未有建设。 目前亿晶光电的各个基地已陆续停产。2024年10月开始，公司滁州基地陆续停产。此外，公司常州基地 5GW PERC电池产能和滁州基地7.5GW TOPCon电池产能已停产。 责任编辑：宋雅芳 预亏公告提示，公司2025年末净资产可能为负。据交易所相关规定，若后续的年报审计正式确认其2025 年末的净资产 ...

Core Viewpoint - Yichin Photovoltaic (600537.SH), known as the "first stock of photovoltaic modules," is facing significant financial challenges, with a projected net loss for 2025 that may exceed its audited net assets from the previous year, potentially leading to negative net assets by year-end 2025 [1][2]. Group 1: Financial Performance - The company announced a pre-loss forecast for 2025, expecting a net profit attributable to shareholders to be negative, indicating a loss for the year [1]. - The total market value of Yichin Photovoltaic dropped by 8.35% following the announcement, bringing it down to 4.7 billion yuan [1]. - If the audited financial report confirms negative net assets by the end of 2025, the company will face delisting risk under the Shanghai Stock Exchange's regulations [1]. Group 2: Operational Challenges - Yichin Photovoltaic is currently in a difficult situation due to the inability to fulfill obligations from previous investment projects, facing a potential recovery of 140 million yuan from the Quanjiao Economic Development Zone [2]. - The company has indicated that the impact of the hearing and final administrative decision on current and future profits remains uncertain [2]. - Due to structural mismatches in capacity and a sluggish market in the photovoltaic industry, the company has only completed 7.5 GW of capacity in its Chuzhou project, with further phases and additional projects not yet constructed [2]. - Various production bases of Yichin Photovoltaic have begun to cease operations, with the Chuzhou base starting to shut down in October 2024, and both the Changzhou base and Chuzhou base's production capacities have been halted [2].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000638 证券简称：*ST万方 公告编号：2026-001 万方城镇投资发展股份有限公司 关于立案调查进展暨风险提示公告 本公司及其董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 2025年7月25日，万方城镇投资发展股份有限公司（以下简称"公司"）收到中国证券监督管理委员会 （以下简称"中国证监会"）下发的《中国证券监督管理委员会立案告知书》（证监立案字0202025009 号），因涉嫌信息披露违法违规，根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法 律法规，中国证监会决定对公司立案。具体内容详见公司于2025年7月26日在《中国证券报》《证券时 报》《上海证券报》《证券日报》及巨潮资讯网（http://www.cninfo.com.cn）披露的《关于收到中国证 券监督管理委员会立案告知书的公告》（公告编号： 2025-049）。 公司分别于2025年11月5日、2025年12月12日在《中国证券报》《证券时报》《上海证券报》《证券日 报》及巨潮资讯网（http://www.cninfo. ...

江西沐邦高科股份有限公司因2024年度净利润为负且营收低于3亿元，公司股票自2025年5月6日起被实 施退市风险警示。同时，因2024年度内部控制审计报告被出具否定意见，以及存在控股股东及其关联方 资金占用情形，公司股票被实施其他风险警示。截至公告日，资金占用已清偿完毕。公司已采取整改措 施，包括完善内控制度、提升治理水平等。公司仍面临退市风险，2025年1-9月业绩仍亏损，若2025年 财务指标未改善，股票可能终止上市。公司及实际控制人目前被证监会立案调查。 江西沐邦高科股份有限公司关于股票交易的风险提示公告 江西沐邦高科股份有限公司股票近期涨幅较大，自2025年12月18日以来累计上涨23.27%，其中三个交 易日涨停，但公司生产经营未发生重大变化，股价偏离基本面。公司已被法院启动预重整程序，但能否 进入正式重整尚存重大不确定性，且公司股票已因2024年度财务指标不符合要求被实施退市风险警示。 2025年1-9月公司净利润为-35,571.61万元，若2025年度继续亏损或营收低于3亿元，公司股票可能终止 上市。公司及实际控制人因涉嫌信息披露违法违规被中国证监会立案调查，目前尚无结论性意见。 以上内容为证 ...

Core Viewpoint - The announcement highlights significant trading risks associated with Sichuan Tianwei Electronics Co., Ltd. due to its high price-to-earnings (P/E) ratio compared to the industry average, alongside potential delisting risks stemming from financial performance issues in the previous fiscal year [2][7]. Market Trading Risks - As of January 6, 2026, the company's stock closed at 31.49 CNY per share, with a recent increase in price leading to a P/E ratio of 541.99, which is substantially higher than the defense equipment industry average P/E of 106.09 [2][4]. - Investors are advised to make cautious and rational decisions due to the significant volatility in the stock price [4][5]. Financial Performance Risks - The company disclosed that for the fiscal year 2024, it reported a negative net profit attributable to shareholders after deducting non-recurring gains and losses, and its revenue from core business activities fell below 100 million CNY, triggering a delisting risk warning effective May 6, 2025 [2][7]. Product Pricing Risks - A portion of the company's main products has not completed military pricing reviews, which may lead to fluctuations in operating performance due to uncertainties in the final approved prices compared to provisional prices [3][8]. - The military pricing review process is lengthy, and any significant downward adjustments in approved prices relative to provisional prices could adversely affect the company's financial results [3][8]. Revenue Adjustment Risks - The company’s system products, primarily military fire extinguishing and explosion suppression systems, are recorded at provisional prices until military approval is obtained. Any discrepancies between provisional and final prices will necessitate revenue adjustments, which could impact financial performance [3][8].

Core Viewpoint - The company, Zhengping Co., announced significant stock price volatility and irrational speculation from September 1, 2025, to January 6, 2026, indicating high trading risks [1] Financial Performance - As of the end of Q3 2025, the company's net assets attributable to shareholders were only 280 million yuan, with a potential risk of negative net assets due to asset impairment, which could lead to delisting [1] - The company's revenue for 2024 was 1.362 billion yuan, with a net loss attributable to shareholders of 484 million yuan [1] - For the first three quarters of 2025, the company reported revenue of 652 million yuan and a net loss attributable to shareholders of 99 million yuan [1] Debt and Restructuring - The company is undergoing a pre-restructuring process with partial debt claims, which may not resolve the issues related to the non-standard audit opinion for 2024 [1]

1月5日，江苏华盛天龙光电设备股份有限公司（ST天龙，300029.SZ）发布股票可能被终止上市的风险提示公告。由于2024年度经审计的期末净资产为负 值，公司股票已于2025年4月被实施退市风险警示。若其2025年度财务报告触及《深圳证券交易所创业板股票上市规则》中规定的终止上市情形，公司将面 临强制退市的命运。 当前，ST天龙正深陷多重困境，其未来发展充满变数。原持股超过5%的股东广州龙朔完成减持后退出大股东行列；董事会秘书与财务负责人先后离职，关 键岗位暂时由董事代行职责；同时，因合同纠纷问题，公司及其子公司的多个银行账户再次被司法冻结。这一系列负面事件，让公司能否凭借2025年年报满 足继续上市的条件充满了不确定性。 ST天龙的经营困境可追溯至2018年。当年12月起，公司原有的光伏设备制造业务因缺乏订单而实质性停产，生产线长期闲置，导致公司股票被实施其他风 险警示。这一状态延续至今，表明公司主营业务长期处于空心化状态。 为寻求突破，公司自2020年起向新能源电站开发与工程总承包领域转型。尽管2020年至2023年间签订了规模可观的业务合同，年营业收入一度达到数亿元， 但财务数据揭示了转型背后的深层困 ...

*ST高斯公告称，公司股票于2025年12月30日、12月31日、2026年1月5日连续3个交易日收盘价格涨幅 偏离值累计超12%，属异常波动。经核实，公司前期信息无需更正补充，未发现重大未公开信息，经营 正常，不存在应披露未披露重大事项，控股股东等在异常波动期间无买卖公司股票情形。公司因2024年 相关指标不达标被实施"退市风险警示"和"其他风险警示"，若2025年经审计指标触及规定，股票将终止 上市。 ...