ST Yazhen: The unusual fluctuations in the stock price indicate production and business risks as well as the risk of delisting.

ST YAZHEN announced that the company's stock experienced abnormal volatility, with the closing prices on February 12, 13, and 24 rising by a total of 12% over three consecutive trading days. The company expects a revenue of 550 million to 640 million yuan and a total profit of -22.5 million to -15 million yuan in 2025. Net profit is projected to be -45 million to -30 million yuan. If the audited non-GAAP net profit for 2025 is negative and revenue, after deductions of unrelated income, falls below 300 million yuan, the company's stock will face the risk of delisting. In addition, there are currently no plans by the controlling shareholder to change the main business.