ST Yushun: Stocks may be delisted due to factors such as revenue

ST Yushun announced that because the net profit and non- GAAP net profit for the year 2024 are negative and revenue after deducting is less than 3 billion yuan, the company's stock will be subject to delisting risk warning starting from May 6, 2025. If the circumstances stipulated in the "Shenzhen Stock Exchange Stock Listing Rules" occur in the year 2025, the company's stock will be delisted. The company expects that the total profit, net profit, and non-GAAP net profit for the year 2025 will all be negative, with revenue after deduction of 4.07 billion yuan, and an additional revenue of approximately 0.81 billion yuan from IDC business. However, the financial data have not been audited, and there is uncertainty. In addition, the proposal to change the accounting firm has not been approved, and the major asset restructuring has not yet been completed.