ST Jinglun: Stocks may be delisted due to market value, stock price issues, and underperformance.
ST Jinglun announced that the total market value of the company's stock on March 26, 2026 was 389 million yuan, which has been below 500 million yuan for 14 consecutive trading days; the closing price was 0.79 yuan, which has been below 1 yuan for 11 consecutive trading days. According to the rules, if the above situation occurs for 20 consecutive trading days, the Shanghai Stock Exchange will decide to terminate the listing of its stock. In addition, the company expects a negative net profit for the year 2025, with non-recurring revenue below 300 million yuan, which may trigger financial-related delisting after the annual report is disclosed. Stocks of companies facing mandatory delisting in trading do not enter the delisting consolidation period, and investors are reminded to be cautious of risks.
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