Core Viewpoint - The company *ST Zhengping has experienced a significant stock price increase of 192.19% from September 1 to November 14, 2025, which is notably divergent from the performance of the Shanghai Composite Index and the construction industry during the same period [1] Financial Performance - The company received an audit report for its 2024 annual report that expressed an inability to provide an opinion, indicating serious concerns regarding its financial statements [1] - The stock has been placed under delisting risk warning due to the audit findings [1] Compliance and Governance - The company is involved in violations related to guarantees, which have led to a negative opinion in the internal control audit report [1] - There is a significant uncertainty regarding the company's ability to continue as a going concern [1] Future Implications - If the issues highlighted in the non-standard audit opinions are not resolved by the end of 2025, the company's stock will face termination of listing [1]