ST Huahai: Abnormal stock price fluctuations, facing the risk of delisting.

ST Haihua announced that the closing price of the company's stock deviated by more than 12% cumulatively for three consecutive trading days from April 22 to April 24, 2026, indicating abnormal fluctuations. Currently, the company's operations are normal, the original auditing firm Pengsheng has resigned, and the new appointment is Zhongruicheng. Preliminary estimates show that the net profit in 2025 is expected to be a loss of 70 million yuan, and a non-operating loss of 75 million yuan, with revenue of about 336 million yuan, excluding non-core revenue which would be around 330 million yuan. The subsidiary, Hunan Qingye, had unaudited revenue of 30.7684 million yuan in 2025. If this revenue does not meet the confirmation conditions or is deducted, the company's revenue will be less than 3 billion yuan, potentially leading to delisting and the risk of termination of listing.