Core Viewpoint - *ST Hengli is facing delisting due to negative net profit and insufficient revenue, with its stock entering a delisting preparation period starting June 25, 2025 [1][2] Group 1: Company Announcements - *ST Hengli received a notice of administrative penalty and will enter a delisting preparation period due to a negative audited net profit for 2023 and revenue below 100 million yuan [1] - The company has been warned of delisting risk since May 6, 2024, and has failed to disclose a majority of its board's assurance of the 2024 annual report by the legal deadline [1] - The stock will be delisted after a 15-day preparation period, with the delisting effective on the next trading day after the period ends [1] Group 2: Financial Performance - The company has experienced a significant decline in revenue and profitability since 2018, with 2023 revenue reported at only 79.54 million yuan, leading to a delisting risk warning [2] - For the first three quarters of 2024, *ST Hengli's revenue was merely 70.06 million yuan, indicating ongoing financial struggles [2] - Following an asset acquisition, the company reported a surge in revenue exceeding 200 million yuan in Q4 2024, but projected a loss of 33 to 43 million yuan for the year [3] Group 3: Industry Context - The company has attempted to pivot into the lithium battery sector, partnering with Ganfeng Lithium for comprehensive cooperation in the new energy industry chain [2] - The lithium battery industry is experiencing increased competition and overcapacity, leading to many cross-industry entrants facing challenges and withdrawing from the market [3] - A significant number of cross-industry lithium battery ventures have failed since 2023, highlighting the importance of focusing on core business and niche markets for survival [3]

及轻型动力电池技术高峰论坛 活动主题： 换电之城 智慧两轮 主办单位： 起点锂电、起点钠电、起点两轮车及换电 活动时间： 2025年7月10-11日 活动地点： 深圳宝安登喜路国际酒店 倒计时19天 2025第五届起点两轮车换电大会 6月18日晚间， *ST恒立（000622）发布多项公告，内容涉及公司收到行政处罚事先告知书、股票进入退市整理期交易、收到股票终止上 市决定等。 具体来看， *ST恒立因2023年度经审计的净利润为负值且营业收入低于1亿元，公司股票交易自2024年5月6日起被实施退市风险警示。截至 2025年4月30日，公司未在法定期限内披露过半数董事保证真实、准确、完整的2024年年度报告。 天眼查 App显示，去年8月，新余锂想新能源有限公司发生工商变更，原股东江西智锂科技股份有限公司退出，新增*ST恒立为全资股东，同 时公司法定代表人及主要人员均发生变更。 根据规定以及深交所上市审核委员会的审议意见，深交所决定 *ST恒立股票终止上市，并自2025年6月25日起进入退市整理期。退市整理期 的期限为十五个交易日，退市整理期届满的次一交易日，深交所所对公司股票予以摘牌。 资料显示， *ST恒立 ...