Fujian Haichen Energy: Performance expected to be profitable, but stock still faces the risk of delisting.

Fujian Haiqin Energy announced that due to the fact that the non-recurring net profit for the year 2024 is negative, the revenue after deducting specific income is less than 300 million yuan, and the net assets at the end of the period are negative, the company's stock was subject to delisting risk warning starting from April 29, 2025. Additionally, due to three consecutive years of losses from 2022 to 2024 and uncertain operating capabilities, combined with other risk warnings being implemented, the stock may be delisted. The company expects revenue of 1.45-1.85 billion yuan and a net profit of 28-42 million yuan in 2025, but the annual report has not been disclosed, and the cancellation of the delisting risk warning is still uncertain.