Core Viewpoint - The annual shareholder meeting of *ST New潮 (New潮 Energy) was held on September 19, 2023, amidst significant investor interest despite the company's recent challenges, including regulatory penalties and ongoing control disputes [2][3][8]. Group 1: Company Challenges - *ST New潮 has faced a delay of over two months in releasing its annual report, resulting in a proposed penalty of 3 million yuan and additional fines for two former executives totaling 2 million yuan [2]. - The company is currently entangled in a power struggle between new and old management, with issues related to U.S. asset litigation complicating the transition [2][9]. - The control of the company's core assets, primarily located in the U.S., is a critical point of contention, as the company is largely an "empty shell" domestically [9]. Group 2: Shareholder Meeting Insights - The annual shareholder meeting lasted approximately 18 minutes, with management leaving shortly after, leading to dissatisfaction among shareholders who felt there was insufficient opportunity for questions [3][7]. - Key concerns among shareholders included whether the current board has control over overseas assets and the status of ongoing litigation in the U.S. [6][8]. - The management's early departure from the meeting raised complaints from investors, highlighting a lack of communication and engagement from the leadership [3][7]. Group 3: Future Prospects - The company is currently involved in a lawsuit against its auditing firm, which could impact its financial reporting and investor confidence [13][14]. - Despite being under "ST" (special treatment) status, the stock has shown resilience, achieving nine consecutive trading days of gains after resuming trading [15]. - Investors expressed concerns about the challenges faced by the new controlling shareholder, 伊泰 (Yitai), in managing the company effectively [15].

每经记者｜彭斐 每经编辑｜张海妮 暑假过后，胶东小城牟平的街头因游客减少而冷清了不少。但9月19日，即便秋雨从早晨就淅淅沥沥，也未能浇灭一群投资者从北京、上海、内蒙古赶往牟 平的热情。 作为*ST新潮（即新潮能源，600777.SH，股价3.82元，市值259.78亿元）的投资者，他们目标一致，即参加新潮能源已经"迟到"数月的2024年年度股东大 会。 因年报迟到两个多月，公司将付出沉重代价。山东证监局拟作出处罚决定：责令公司改正，给予警告并处以300万元罚款，对两时任高管给予警告并处以合 计200万元的罚款（详见《年报"迟到"代价沉重，*ST新潮及两时任核心高管将被罚500万元》）。 比监管处罚更糟糕的是，尽管伊泰B股（900948.SH，股价1.94元，市值56.77亿元）已完成竞争性要约并成功改组董事会，但当前新潮能源却遭遇新旧势力 交接遇阻、美国资产诉讼缠身等新问题（详见《伊泰系拿下董事会，*ST新潮控制权争夺战却刚开场？半年报揭示交接僵局与退市危机》）。 9月19日下午，《每日经济新闻》记者以股东身份参加新潮能源2024年年度股东大会，在与多位小股东交流时获悉，相比于前期关注的控制权争夺，上市公 司 ...

Group 1 - Several *ST companies in the A-share market have successfully removed their delisting risk warnings since May, indicating a positive trend in the market [1][2] - Beijing Oriental Garden Environment Co., Ltd. (Oriental Garden) and Sichuan Jinshi Technology Co., Ltd. (Jinshi Technology) have both lifted their delisting risk warnings and changed their stock names [1] - Fujian Aonong Biotechnology Group Co., Ltd. (Aonong Biotechnology) and Shanxi Kexin Development Co., Ltd. (Kexin Development) have also successfully removed their delisting risk warnings, reflecting improved financial health [1] Group 2 - The recent trend of *ST companies removing delisting warnings is seen as a positive signal from a strategic perspective, as it indicates companies are focusing on core operations and restructuring [2] - Kexin Development reported a revenue of 375 million yuan and a net profit of approximately 39.98 million yuan for 2024, highlighting its successful business strategy [2] - Jinshi Technology achieved revenues of 258 million yuan from its energy storage business and 120 million yuan from its safety and fire protection business in 2024, demonstrating effective business transformation [2] Group 3 - Wento Holdings' successful removal of its delisting warning is attributed to its judicial restructuring, which improved its asset-liability structure and operational capabilities [3] - Aonong Biotechnology reported an annual revenue of 8.763 billion yuan and a net profit of 579 million yuan for 2024, following its bankruptcy restructuring [3] - The focus on core business and internal control quality is crucial for companies to improve their fundamentals and regain market confidence [3]