Core Viewpoint - *ST Zhengping announced a stock suspension for verification due to a significant price increase of 221.93% from September 1, 2025, to November 18, 2025, which deviates severely from its fundamentals [3][6]. Group 1: Stock Performance - The stock price of *ST Zhengping reached 8.66 yuan per share as of November 18, 2025, with a total market capitalization of 6.1 billion yuan [10]. - The stock has experienced a substantial increase, with a maximum rise of 230.53% and a maximum drawdown of 11.85% during the observed period [5]. - Despite frequent risk warning announcements since September, market speculation around the stock has remained high [4]. Group 2: Financial Performance - In 2024, *ST Zhengping reported total revenue of 1.362 billion yuan and a net loss attributable to shareholders of 484 million yuan [8]. - For the first three quarters of 2025, the company achieved a total revenue of 652 million yuan, with a net loss of 99 million yuan [8]. - The company has faced continuous losses, with a significant decline in revenue compared to previous years [9]. Group 3: Business Operations and Risks - *ST Zhengping operates in three main sectors: infrastructure construction, cultural tourism, and non-ferrous metal mining, while transitioning towards intelligent computing services and renewable energy [8]. - The company faces risks of delisting due to an inability to provide a clear audit opinion for its 2024 annual report and ongoing issues with internal controls [8]. - There are uncertainties regarding the company's ability to develop its mining resources due to insufficient funding and operational capacity [9].

Core Viewpoint - The increase in stock suspension and review is a protective measure for investors, highlighting potential risks behind stock price fluctuations rather than merely cooling market hotspots [1][2]. Group 1: Significance of Suspension Review - Suspension reviews serve to penetrate the superficiality of stock price movements, revealing underlying risks when stocks rise irrationally without performance support [1][2]. - They provide investors with an opportunity to reflect calmly on their holdings amidst the frenzy of popular stocks, allowing for a reassessment of whether a company's fundamentals support its current stock price [1][3]. Group 2: Market Impact - From a market perspective, suspension reviews are crucial in curbing excessive speculation, which disrupts normal market order and increases investment risks [2]. - By temporarily suspending hot stocks, the reviews serve as a warning against the high risks of speculative behavior, encouraging a focus on long-term investment value [2]. Group 3: Misconceptions and Misunderstandings - There is a significant misunderstanding among market participants regarding suspension reviews, with some equating the absence of undisclosed information with a lack of risk, overlooking the limitations of self-examination by listed companies [3]. - Some investors mistakenly view repeated suspensions as a sign of stock strength, which can amplify investment risks [3]. - While some believe that suspensions hinder trading flexibility, the long-term benefits of suspension reviews outweigh short-term inconveniences, helping to prevent losses from impulsive trading decisions [3].

南财智讯11月18日电，证券简称公告，*ST正平因股票短期内涨幅较大，为维护投资者利益，公司就股 票交易情况进行停牌核查。公司股票自2025年11月19日开市起停牌，待披露核查公告后复牌，预计停牌 时间不超过10个交易日。公司提醒广大投资者注意二级市场交易风险，公司股价已严重脱离基本面，可 能存在市场情绪过热、非理性炒作情形，短期内大幅下跌的风险较高。此外，公司存在终止上市风险， 2024年年报被出具无法表示意见的审计报告，若相关事项在2025年度未能消除，公司股票将被终止上 市。同时提示其他资金占用不确定性、业绩持续亏损及矿产资源开采能力不足等风险。 ...

每经头条（nbdtoutiao）——段睿：我与蔡磊是 "找钥匙的人"，纵使生前寻不到，也要为其他渐冻症患 者铺就近路 （记者 曾健辉） 2025年1至6月份，平潭发展的营业收入构成为：林产品加工业占比42.75%，商品房销售占比36.79%， 农资贸易占比14.62%，林业占比2.34%，生物与新医药产品生产销售占比2.22%。 截至发稿，平潭发展市值为231亿元。 每经AI快讯，平潭发展（SZ 000592，收盘价：11.97元）11月17日晚间发布公告称，中福海峡（平潭） 发展股份有限公司股票自2025年10月17日至11月17日以来价格涨幅为255.19%，期间于10月20日、10月 27日、10月30日、11月3日、11月5日、11月14日，6次触及股票交易异常波动情形；于11月3日，1次触 及股票交易严重异常波动情形。公司股票短期内价格涨幅较大，已严重背离公司基本面，为维护投资者 利益，公司将就股票交易波动情况进行核查。经公司申请，公司股票自2025年11月18日开市起停牌，待 核查结束并披露相关公告后复牌，预计停牌时间不超过3个交易日。 ...

合富中国（603122）(603122.SH)发布公告，自2025年10月28日至2025年11月14日期间，公司股票连续 十四个交易日中有十二个交易日以涨停价收盘，并5次触及股价异常波动、3次触及严重异常波动情形， 期间累计涨幅高达256.29%，已明显高于同期行业及上证指数涨幅。股价短期内连续上涨，存在市场情 绪过热、非理性炒作风险，随时存在快速下跌可能。公司股票将于2025年11月17日(星期一)开市起停 牌，预计停牌时间不超过3个交易日，公司股票将自披露核查公告后复牌。 ...

11月14日晚间，合富中国公告称，公司股票连续十四个交易日中有十二个交易日以涨停价收盘，累计涨 幅高达256.29%，已明显高于同期行业及上证指数涨幅。公司股票将于11月17日开市起停牌，预计停牌 时间不超过3个交易日。公司提醒投资者注意二级市场交易风险，当前股价与公司经营业绩、行业情况 严重偏离。 证券代码:603122 证券简称: 合富中国 自 2025年10月28 日至 2025年11月14日期间,公司股票连续十四个交易 日中有十二个交易日以涨停价收盘,并5 次触及股价异常波动、3 次触及严重异常 波动情形,期间累计涨幅高达256.29%,已明显高于同期行业及上证指数涨幅。股 价短期内连续上涨,存在市场情绪过热、非理性炒作风险,随时存在快速下跌可 能。 公司已于 2025年11月13日进一步提示,股价涨幅已严重显著偏离公司基本 面,投资者参与交易可能面临较大风险;如公司股价继续异常上涨,可能申请停 牌核查。11月14日,公司股价继续大幅上涨,盘中一度触及涨停,换手率高达 28.48%。为维护广大投资者利益,根据《上海证券交易所上市公司自律监管指引 第 4号 -- 停复牌》《上海证券交易所股票上市规则》等 ...

Core Viewpoint - The company *ST Zhengping experienced a significant stock price increase of 152.42% from September 1 to October 28, 2025, leading to a trading suspension for risk assessment due to high volatility and abnormal market behavior [1] Group 1: Stock Performance and Trading Suspension - The stock price increased by 152.42% over the specified period, with 21 days of trading limits reached and 5 instances of abnormal fluctuations [1] - The company issued 13 risk warnings during this period, indicating heightened trading risks [1] - Trading was suspended on October 29, 2025, for further investigation into the stock's performance [1] Group 2: Financial Status and Profitability - The company has fully repaid non-operating fund occupations, with a total repayment of 13.209219 million yuan, resulting in a remaining balance of 0 yuan as of November 10, 2025 [1] - The company reported a net profit attributable to shareholders of -484 million yuan for 2024 and -99 million yuan for the first three quarters of 2025 [1] - The asset-liability ratio stands at 92.22%, indicating a high level of debt relative to assets [1] Group 3: Operational Developments - The wholly-owned subsidiary, Shengguang Mining, has obtained a mining license; however, mineral development is constrained by factors such as funding and personnel, leading to significant uncertainty regarding future revenues [1] - The company's stock is set to resume trading on November 12, 2025 [1]

Core Viewpoint - *ST Zhengping (603843.SH) has completed its stock trading investigation and will resume trading on November 12, 2025, indicating potential market volatility and investor caution [1] Group 1 - The company has applied to the Shanghai Stock Exchange for the resumption of its stock trading [1] - The stock price may be subject to market sentiment and irrational speculation, leading to potential short-term volatility [1] - The company emphasizes the importance of investor awareness regarding market risks and encourages rational decision-making [1]

Core Viewpoint - *ST Zhengping has completed its stock trading investigation and will resume trading on October 16, 2023, despite significant trading risks and uncertainties regarding its future operations [1] Group 1: Stock Trading and Performance - The company announced that its stock will resume trading after a self-examination and consultation with its controlling shareholder, confirming no undisclosed major issues as of the announcement date [1] - From September 1 to September 30, the company's stock price increased by 101.86%, with 15 days of trading limits and 4 instances of abnormal fluctuations [1] Group 2: Operational and Financial Risks - The company faces significant operational challenges, including insufficient mining capacity and the need for substantial investment in development and operations, with current resources being inadequate [1] - There is a major uncertainty regarding the future profitability of its mining resources due to the lack of sufficient funds, personnel, and equipment for subsequent mining operations [1] Group 3: Audit and Compliance Issues - The company received an audit report for 2024 that could not express an opinion due to limited audit scope, leading to a delisting risk warning for its stock [1] - The company also received a negative opinion on its internal controls for 2024, raising concerns about its ongoing viability and resulting in additional risk warnings for its stock [1] - If the issues related to the non-standard opinions are not resolved by 2025, the company's stock may face termination of listing [1]

Core Viewpoint - The company announced a temporary suspension of its stock trading due to unusual trading fluctuations, with plans to resume trading on October 13, 2025 [1] Group 1: Stock Trading and Suspension - The company's stock will be suspended from trading starting September 26, 2025, and is set to resume on October 13, 2025 [1] - The suspension is a result of the company's investigation into abnormal trading activities [1] Group 2: Asset Integration Discussions - The company has noted media discussions regarding potential asset integration involving its actual controller, Mr. Deng Taihua, and Zhiyuan Innovation (Shanghai) Technology Co., Ltd [1] - The company confirmed that there are currently no explicit plans for asset sales, mergers, or joint ventures involving the listed company or its subsidiaries within the next 12 months [1] - There are no plans for Zhiyuan Innovation to pursue a backdoor listing through the company within the next 36 months [1]