ST Wanfang: Abnormal fluctuations in stock price, multiple risks may lead to delisting of the stock.

*ST Wanfang announced that the company's stock has been at the limit up for three consecutive days since February 10, with a significant increase in turnover, which is considered abnormal fluctuations. After excluding the influence of the overall market, the stock price shows large fluctuations, indicating risks of irrational speculation. The company has been under the risk warning of delisting since April 30, 2025. The performance forecast for 2025 shows expected revenue of 200-250 million yuan, non-GAAP revenue of 150-200 million yuan, and a net profit range of -50-35 million yuan. Due to poor performance, audit reports with reservations, ongoing investigation, the company's stock may face mandatory delisting due to financial or major illegal activities.