Major Companies Face Delisting Risk as Stock Suspension Announced

Breaking News! A company is set to face delisting risk warnings with its stock suspended for one day.

Today’s highlights include:

Rock Shares: The company announced that its audited net profit for the fiscal year 2024, after excluding non-recurring gains and losses, is expected to be negative. Additionally, its revenue, after excluding income unrelated to its main business and income lacking commercial substance, is projected to be below 300 million yuan. This situation triggers a delisting risk warning according to Article 9.3.2 of the Shanghai Stock Exchange Listing Rules. The stock will be suspended on April 22, 2025, and the delisting risk warning will take effect on April 23, 2025, with the stock name changing to *ST Rock.

Aowei Communication: The company also announced that it anticipates a net profit attributable to shareholders for 2024 to be negative and that revenue will fall below 300 million yuan. Consequently, its stock may face delisting risk warnings following the release of the 2024 annual report, with the stock name prefixed by “*ST.” The estimated net loss after excluding non-recurring gains and losses is expected to be between 60 million and 90 million yuan, with revenue projected between 270 million and 295 million yuan.

Nanhua Biological: The company revised its 2024 performance forecast, now expecting a net loss between 19 million and 21 million yuan, compared to a previous expected profit of 12.5 million to 15.5 million yuan. With expected negative net profits and revenue below 300 million yuan, the stock could face delisting risk warnings after the 2024 annual report is disclosed.

Qinghai Huading: The stock will also receive a delisting risk warning on April 23, 2025. Due to audited total profit or net profit for 2024 being negative and revenue below 300 million yuan, the stock name will change to *ST Huading. The stock will be suspended for one day on April 22, 2025. The company plans to improve operations through measures such as revitalizing fixed assets and optimizing processes.

Starshine Shares: The company expects its audited total profit, net profit, and net profit after excluding non-recurring gains and losses to be negative, with revenue below 300 million yuan for 2024. The stock may also face delisting risk warnings following the annual report.

Greenland Holdings: The company received a notice from the Shanghai Securities Regulatory Commission, which ordered corrections and issued a warning letter to the company and its executives for failing to disclose litigation matters timely. The company aims to strengthen compliance and improve information disclosure quality.

Sanjiang Shopping: Alibaba’s second-largest shareholder plans to reduce its stake by up to 16.43 million shares, not exceeding 3% of the company’s total share capital.

Haiguang Information: The company reported a net profit of 506 million yuan for the first quarter, up 75.33% year-on-year.

GoerTek: The first quarter net profit grew by 24% year-on-year, with revenue of 16.305 billion yuan, down 15.57% year-on-year.

Guangda Special Materials: The company reported a staggering 1489% year-on-year increase in net profit for the first quarter, reaching 74.25 million yuan.

Xiantan Shares: The company reported a net profit of 48.02 million yuan for the first quarter, a 584% increase year-on-year.

Antong Holdings: The first quarter net profit increased by 372% year-on-year to 241 million yuan.

Yalian Machinery: The company announced a net profit increase of 1089% year-on-year, reaching 57.6 million yuan.

BBK: The first quarter net profit surged 488% to 119 million yuan, attributed to debt restructuring and improved operational efficiency.

Dajin Heavy Industry: The company reported a 336% increase in net profit for the first quarter, totaling 231 million yuan.

Shanjin International: The company reported a net profit of 694 million yuan for the first quarter, up 37.91% year-on-year.

China Communications Construction: The company plans to repurchase between 500 million to 1 billion yuan of A-shares, with its controlling shareholder also increasing H-share holdings.

Special Announcement: The above content includes information uploaded by users on a social media platform and serves only as an information storage service.