ST Jinglun: Stocks may be delisted due to market value lower than 500 million yuan and stock price lower than 1 yuan.
ST Jinglun announced that the total market value of the company's stock on March 12, 2026 was 472 million yuan, which has been below 500 million yuan for four consecutive days. The closing price was 0.96 yuan, once again falling below 1 yuan on the first day. According to relevant regulations, if the daily closing total market value of the stock is below 500 million yuan or the closing price is below 1 yuan for 20 consecutive trading days, the Shanghai Stock Exchange will decide to delist the company's stock. In addition, the company expects a negative net profit for the year 2025, and operating income after deducting related revenue is less than 300 million yuan, which will also trigger the delisting situation after the annual report is disclosed.
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