Bangjie Corporation: Warning of delisting risk and other risk warnings will be implemented on the stock. The stock abbreviation will be changed to "*ST Bangjie".
Bangjie Corporation announced that the company's stock will be suspended for one day on April 27th, and will resume trading on April 28th with the implementation of delisting risk warnings and other risk warnings. The stock abbreviation will be changed to "*ST Bangjie" and the daily trading limit will be adjusted to 5%. The reason for this implementation is that the audited net assets at the end of the 2025 fiscal year were negative, and the lowest net profit after deducting non-recurring items for the last three accounting years was also negative. At the same time, the 2025 financial report was issued an unqualified audit report with a paragraph on significant uncertainties about the company's ability to continue as a going concern. The company has now entered a pre-reorganization process, but there is significant uncertainty as to whether it can enter into a formal reorganization process. If the reorganization fails and bankruptcy is declared, the company's stock will face the risk of being delisted. The board of directors stated that they will actively promote the pre-reorganization work to improve the company's ability to continue operations.
Latest
7 m ago

