ST Mei Valley: Announces third risk warning that stock may be delisted.
ST Mei Valley announced that starting from April 30, 2025, the company will be subject to "delisting risk warning" and "other risk warnings". If the relevant conditions specified in Article 9.3.12 of the Shenzhen Stock Exchange Listing Rules occur in 2025, the company's stock will face the risk of being delisted. The performance forecast on January 30, 2026 shows that the revenue for 2025 is expected to be between 0.85 billion and 1.05 billion yuan, with a non-GAAP net loss of 780 million to 550 million yuan. This is the third risk warning announcement, and the company will disclose it once every ten trading days before the annual report is released.
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