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：2026-030 万方城镇投资发展股份有限公司关于2025年年报审计进展说明暨风险提示的公告 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。 重要内容提示： 1、公司股票自2026年2月10日起连续多个交易日涨停，剔除大盘整体因素后，公司股价实际波动幅度较 大，存在市场情绪过热、非理性炒作的风险。公司已在近期多次披露股票交易异常波动公告、股票可能 被终止上市的风险提示公告及立案调查进展暨风险提示公告，敬请广大投资者理性投资，审慎决策，避 免二级市场交易面临较大投资风险。 2、公司于2026年2月26日收到国府嘉盈出具的《关于对公司2025年年报审计进展的说明》。截至本次审 计进展说明出具之日，审计工作尚在进行中，根据国府嘉盈目前已获得的相关审计证据以及管理层相关 的解释说明，经与公司于2026年1月31日披露的《2025年度业绩预告》进行了比较，国府嘉盈没有发现 在重大方面存在不一致之处。 3、公司于2026年1月31日披露了《2025年度业绩预告》，预 ...

据经济观察报-经济观察网 2026年1月27日至2月6日，*ST精伦（600355.SH）连续9个交易日跌停，成交 额从5200万元急剧萎缩至不足500万元。截至2月6日收盘，股价跌至1.45元/股，仍有约1亿元资金在跌 停价等待卖出。该公司因触及新"国九条"财务类退市指标，面临退市风险。根据业绩预告，其2025年扣 除后营业收入仅8622万元，未达3亿元红线。董秘办人士证实，上交所认定算力服务器业务存在客户单 一风险，收入被剔除，退市已成定局。 ...

Core Viewpoint - Shanghai Weitai Industrial Automation Co., Ltd. is at risk of being delisted due to negative financial performance, specifically if the audited revenue for 2025 falls below 300 million yuan and if the total profit, net profit, or net profit after deducting non-recurring gains and losses is negative [2][3]. Group 1 - The company reported that for the fiscal year 2024, the total profit, net profit, and net profit attributable to the parent company after deducting non-recurring gains and losses are expected to be negative, leading to a risk warning for delisting [2]. - The company’s stock was subjected to a delisting risk warning on April 30, 2025, due to the aforementioned financial conditions [2]. - According to the Shenzhen Stock Exchange listing rules, if the company fails to meet the financial criteria in 2025, it may face termination of its stock listing [3]. Group 2 - This is the second risk warning announcement regarding the potential delisting of the company's stock, following the first announcement made on January 26, 2026 [4]. - The company emphasizes that all information should be verified through designated media outlets, including Shanghai Securities Journal and Securities Times [4].

股票退市并非"一退到底"，部分公司仍有重新上市的可能。 但再上市门槛极高，且能否申请、需满足哪些条件，完全取决于退市原因。 读懂退市类型与再上市规则，既能理性看待退市股风险，也能避免误判潜在机会。 退市分为主动退市与被动退市两大类，再上市的核心前提是区分退市性质。 1. 主动退市 公司基于战略调整主动申请退市，如私有化、合并分立等。 这类公司无重大违法记录，经营基本面未恶化。 交易类退市满3个月即可申请；财务类退市需满1个会计年度；重大违法类（非欺诈发行）需满5个完整会计年度。 2. 财务指标硬要求 主板：最近一年净利润为正且营收≥3亿元；或最近两年净利润均为正且累计超3000万元，净资产为正且无未弥补亏损。 科创板/创业板：营收≥1亿元，最近两年净利润均为正且累计超4000万元；或市值≥100亿元且营收≥10亿元。 再上市自由度最高，可随时向交易所提交申请，无强制时间间隔要求。 2. 被动退市 因未达标被监管强制退市，是最常见情形，再上市条件按原因细分。 主要包括：交易类（股价低于1元、成交量不足）、财务类（连续亏损、净资产为负）、重大违法类（欺诈发行、信息披露造假）。 其中重大违法类退市，再上市限制最严格 ...

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（维权） 公告编号：2026-016 万方城镇投资发展股份有限公司 关于股票交易严重异常波动的公告 2、公司于2026年1月14日披露的《关于2025年度业绩预亏暨公司股票可能被终止上市的提示性公告》， 经公司财务部门初步测算结果，预计公司2025年度营业收入低于3亿元，且利润总额、净利润或者扣除 非经常性损益后的净利润孰低者为负值；2024年公司审计报告保留意见所涉事项能否消除存在重大不确 定性。 根据《深圳证券交易所股票上市规则》的相关规定，公司股票将因触及财务类退市情形被终止 上市。 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。 重要内容提示： 1、公司自2025年4月30日起被实施退市风险警示，证券简称由"万方发展"变更为"*ST万方"，证券代码 仍为"000638"，股票交易的日涨跌幅比例限制为5%。具体详见公司于2025年4月29日披露的《关于公司 股票交易被实施退市风险警示暨停牌的公告》（2025-031）。 3、公司于2025年7月25日收到中国证 ...

Core Viewpoint - *ST Ovi is likely to become the first stock in A-shares to trigger "market value delisting" by 2026, as its market capitalization has fallen below 5 billion yuan for 13 consecutive trading days, with a stock price below 1 yuan for 4 consecutive days [1][2][5] Group 1: Stock Performance - On January 20, *ST Ovi's stock price closed at 0.85 yuan, with a market capitalization of 2.948 billion yuan [1][2] - The stock has experienced 23 trading halts since December 1, 2025, including two instances of 8 consecutive trading halts [2][3] - To avoid delisting, *ST Ovi's stock price needs to rise to at least 1.44 yuan, requiring a 69.41% increase from the current price [2][3] Group 2: Financial Performance - The company has reported losses for three consecutive years, with a net profit loss of 461.15 million yuan for the fiscal year 2024 [6][7] - As of the end of the third quarter of 2025, the company reported a revenue of 34.0025 million yuan and a net profit loss of 188 million yuan [6][7] - The company faces potential delisting due to financial indicators, including negative net assets or non-standard audit opinions [6][7] Group 3: Operational Challenges - The decline in performance is attributed to the suspension of operations in its metal products business, which accounted for 88.36% of total revenue in 2024 [7][8] - The company is facing significant operational risks due to funds being occupied by its major shareholder and related parties, amounting to approximately 208 million yuan as of the end of 2024 [8] - The inability to conduct metal product operations is expected to have a major impact on the company's financial performance [7][8] Group 4: Market Context - Other companies in the A-share market, such as *ST Changyao and *ST Lifang, are also experiencing stock prices below 1 yuan, indicating a broader trend [4][5] - *ST Changyao's market capitalization has been below 3 billion yuan for eight consecutive trading days, which also puts it at risk of delisting [5]

Core Viewpoint - The company *ST WanFang announced that its stock experienced an abnormal fluctuation with a cumulative decline of 14.06% over three consecutive trading days on January 16, 19, and 20, 2026, indicating potential financial distress [1] Financial Performance - The company expects its revenue for the fiscal year 2025 to be below 300 million yuan, with total profits projected to be negative [1] - There is uncertainty regarding the resolution of issues related to the audit report for 2024, which may lead to financial delisting scenarios [1] Regulatory Issues - The company has been under investigation by the China Securities Regulatory Commission (CSRC) since July 2025, which raises concerns about potential administrative penalties [1] - If the company faces significant legal violations leading to mandatory delisting, its stock may be forcibly delisted [1]

Core Viewpoint - The company *ST WanFang announced a significant expected decline in its 2025 revenue and potential delisting due to financial issues, with a projected revenue of less than 300 million yuan and negative profit figures [1][5][6]. Financial Performance - The company expects its 2025 revenue to be below 300 million yuan, with either total profit or net profit, or net profit after excluding non-recurring gains and losses, being negative [5][6]. - For the first three quarters of 2025, *ST WanFang reported approximately 176 million yuan in revenue, a year-on-year increase of 60.43%, but a net loss of about 8.59 million yuan compared to a profit of 13.29 million yuan in the same period last year [9]. Audit and Compliance - The company received a qualified audit opinion from Zhongxing Caiguanghua Accounting Firm for its 2024 financial statements, indicating uncertainty regarding the recoverability of investments in Jilin WanFang Bai'ao Biotechnology Co., Ltd [6][8]. - If the company receives a qualified audit opinion for its 2025 financial statements, it may trigger delisting under the Shenzhen Stock Exchange's regulations [6][8]. Corporate Actions - On January 13, the company announced the termination of the disposal of its remaining 13.67% stake in Beijing Tianyuan Real Estate Development Co., Ltd, deciding to retain this equity [7].

Core Viewpoint - *ST WanFang announced that it expects its operating revenue for 2025 to be below 300 million yuan, with either total profit, net profit, or net profit after deducting non-recurring gains and losses being negative, which may lead to the termination of its stock listing due to financial delisting criteria [2][5]. Financial Performance - As of January 13, the company's stock price closed at 4.81 yuan per share, with a decline of 4.94% [2]. - For the first three quarters of 2025, *ST WanFang reported an operating revenue of approximately 176 million yuan, a year-on-year increase of 60.43%. However, it recorded a net loss attributable to shareholders of approximately -8.59 million yuan, compared to a profit of 13.29 million yuan in the same period last year [8]. Audit and Compliance - The company received a qualified audit opinion from Zhongxing Caiguanghua Accounting Firm for its 2024 financial statements, indicating uncertainty regarding the recoverability of investments in Jilin WanFang Bai'ao Biotechnology Co., Ltd. This uncertainty has not been resolved as of the announcement date, posing a risk of receiving a qualified audit opinion for the 2025 financial report [6][5]. - If the company receives a qualified audit opinion for 2025, it may trigger delisting risks under the Shenzhen Stock Exchange's regulations [6]. Corporate Actions - On January 13, *ST WanFang's board of directors approved the termination of the disposal of its remaining 13.67% stake in Beijing Tianyuan Real Estate Development Co., Ltd. The company will continue to hold this stake [7].

Core Viewpoint - *ST WanFang (000638) announced that it expects its operating revenue for 2025 to be below 300 million yuan, with either total profit, net profit, or net profit after deducting non-recurring gains and losses being negative, which may lead to the termination of its stock listing due to financial delisting criteria [1][6][3]. Financial Performance - As of January 13, the company's stock price closed at 4.81 yuan per share, with a decline of 4.94% [2]. - For the first three quarters of 2025, *ST WanFang reported an operating revenue of approximately 176 million yuan, representing a year-on-year increase of 60.43%. However, it recorded a net loss attributable to shareholders of approximately -8.59 million yuan, compared to a profit of 13.29 million yuan in the same period last year [10]. Audit and Compliance - The company received a qualified audit opinion from Zhongxing Caiguanghua Accounting Firm for its 2024 financial statements, indicating significant uncertainty regarding the recoverability of investments in Jilin WanFang Bai'ao Biotechnology Co., Ltd. This uncertainty has not been resolved as of the announcement date, posing a risk of receiving a qualified audit opinion for the 2025 financial report [7][6]. - If the company receives a qualified audit opinion for 2025, it may trigger delisting risks under the Shenzhen Stock Exchange's regulations [7]. Corporate Actions - On January 13, *ST WanFang announced the termination of the disposal of its remaining 13.67% stake in Beijing Tianyuan Real Estate Development Co., Ltd. The company will continue to hold this stake [8][9].