Core Viewpoint - *ST Gao Hong's stock price has fallen below 1 yuan for the first time, raising the risk of delisting due to its share price being below par value [1][2]. Group 1: Stock Price and Delisting Risk - On September 1, *ST Gao Hong announced that its stock closed at 0.98 yuan per share, marking the first time it has fallen below 1 yuan, which poses a risk of being delisted if the price remains below this threshold for 20 consecutive trading days [2][5]. - According to regulations, if a company listed on the Shenzhen Stock Exchange has its stock price below 1 yuan for 20 consecutive trading days, the exchange will terminate its listing without a delisting preparation period [2]. Group 2: Legal and Compliance Issues - *ST Gao Hong is facing significant internal control issues, with the potential for forced delisting due to major legal violations. The company received a notice from the China Securities Regulatory Commission (CSRC) on August 8, indicating that its 2020 private placement constituted fraudulent issuance and that its annual reports from 2015 to 2023 contained false records [3][4]. - If the CSRC's formal decision confirms that *ST Gao Hong has violated major legal provisions, the company will face delisting [3][4]. - The company has received adverse audit opinions regarding its financial reports for 2023 and has shown negative net profits for three consecutive years from 2021 to 2023, raising concerns about its ability to continue as a going concern [3][4]. Group 3: Financial Performance - As of September 1, *ST Gao Hong's total market capitalization is reported to be 1.1 billion yuan [5].

【导读】*ST高鸿股票收盘价首次低于1元，存在面值退市风险 中国基金报记者 李智 再度拉响退市警报！ 9月1日，*ST高鸿发布公告称，公司今日股票收盘价为0.98元/股，首次低于1元，存在可能 因股价低于面值被终止上市的风险。 股票收盘价首次低于1元 *ST高鸿存在面值退市风险 9月1日，*ST高鸿发布公告称，9月1日，公司股票收盘价为0.98元/股，首次低于1元，存在 可能因股价低于面值被终止上市的风险。 根据相关规定，在深交所仅发行A股股票的上市公司，若连续20个交易日收盘价均低于1元， 深交所将终止其股票上市交易。因触及交易类强制退市情形而终止上市的股票不进入退市整 理期。 *ST高鸿表示，公司将全力配合中国证监会的相关工作，并积极行使听证或进行陈述、申辩等 合法权利，最终结果以中国证监会出具的正式处罚决定为准。 公开资料显示，今年上半年，*ST高鸿重点发展以智能网联生态产业、自主可信计算、政企数 智化为核心的数智化应用，以数字化运营、IDC运营、智算中心运营为核心的数智化服务。 截至9月1日收盘，*ST高鸿股价报0.98元/股，总市值为11亿元。 编辑：格林 校对：乔伊 存在重大违法强制退市风险 值得 ...