Core Viewpoint - The company *ST Huike has experienced significant stock price volatility and is under investigation for suspected information disclosure violations by the China Securities Regulatory Commission (CSRC) [1] Financial Performance - In 2024, the company reported revenue of 17.2267 million yuan and a net loss of 5.6828 million yuan [1] - For the first three quarters of 2025, the company generated revenue of 5.4403 million yuan with a net profit of 1.0620 million yuan [1] Stock Listing Risk - If the company's annual profit total is negative and revenue falls below 300 million yuan, its stock will be delisted [1] Corporate Governance Issues - The original controlling shareholder's fund occupation issue remains unresolved [1] - Major suppliers have not recovered prepaid accounts or have had to increase bad debt provisions [1] - The transfer of controlling shareholder's equity has not been completed and is subject to pledges and freezes [1]