ST Quanwei: The company's stock faces the risk of being subject to "Delisting Risk Warning"

ST Quanwei announced that, based on preliminary calculations by the company’s finance department, the company’s net profit for 2025 will be negative, operating revenue will be less than 100 million yuan, and the end-of-period net assets will be negative, which may trigger the provisions of Article 10.3.1 of the Shenzhen Stock Exchange ChiNext Board Listing Rules. If, after the company’s 2025 annual report is disclosed, the audited financial data is not significantly different from the preliminary estimates, the company’s stock may face a “Risk Warning of Delisting,” and the stock abbreviation will be changed from “ST Quanwei” to “*ST Quanwei.”

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