ST permanent: The stock faces the risk of being delisted due to standards such as revenue not being met.

ST said, the company's stock has been subject to "delisting risk warning" since April 25, 2025. The performance forecast on January 31, 2026 shows that the total profit, net profit, and non-recurring net profit for the year 2025 are all negative. After deducting, the operating income is estimated to be between 280 million and 330 million yuan. Due to incomplete auditing, the exact amount of operating income after deduction is uncertain. If the audited total profit, net profit, and non-recurring net profit are all negative, and the deducted operating income is less than 300 million yuan, the company's stock will face the risk of being delisted. This is the sixth risk warning announcement.