ST Hai Long: Stock trading experiencing abnormal fluctuations, multiple risks await resolution

date
02/07/2026
ST HaiLong announced that the company's stock had a cumulative deviation from the closing price for two consecutive trading days on July 1st and 2nd, 2026, exceeding 12%, which was deemed as abnormal fluctuations. In the first quarter of 2026, the company achieved a revenue of 276.63 million yuan and a net profit of 5.02 million yuan. Currently, the company's acquisition of no less than 40% equity of Xi'an Qunjian Aviation Precision Manufacturing Co., Ltd. is in the due diligence stage, with risks such as transaction progress; a lawsuit for breach of company interests has entered the execution stage, and if the repayment cannot be made, the company may lose control of its subsidiaries; if the internal control audit for the year 2026 issues a negative opinion, the company's stock trading will be subject to delisting risk warning.