ST Jinglun: Stocks may be delisted due to market value, stock price falling below standard, and financial issues.

date
20/03/2026
ST Jinglun announced that the total market value of the company's stock on March 20, 2026 was 384 million yuan, which has been below 500 million yuan for 10 consecutive trading days. The closing price was 0.78 yuan, which has been below 1 yuan for 7 consecutive days. According to the rules, if the total market value 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 stock. In addition, if the audited revenue of the company, after deducting relevant income, is below 300 million yuan, and if the 2025 annual financial report audit cannot issue an unqualified opinion, it may trigger a financial delisting situation. The stocks of companies delisted for trading reasons do not enter the delisting arrangement period.