ST Jinling: Delisting risk warning has changed from regulatory class to financial class.
*ST Jinling announced that the company's reorganization plan has been completed and approved by the Shenzhen Stock Exchange to revoke the risk warning of delisting implemented due to the reorganization. However, due to the audit by Zhengxinghua Accounting Firm showing that the company's net assets at the end of 2025 were negative, in accordance with the Shenzhen Stock Exchange GEM Stock Listing Rules, the company's stock will be subject to financial risk warnings of delisting. This change only involves the adjustment of the delisting risk warning type, the stock will still be identified as "*ST Jinling", the stock code remains unchanged, trading will not be suspended or resumed, and the daily limit for price fluctuation will still be 20%. If the relevant indicators of the financial accounting report audited by the company in 2026 trigger the circumstances for delisting, the company's stock will face the risk of being delisted. The board of directors will actively take measures to improve the company's operational and financial situation.
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