ST Yushun: Abnormal stock fluctuations, indicating the risk of delisting and restructuring.

ST Yushun announced that the company's stock has deviated by more than 12% for three consecutive trading days, indicating abnormal fluctuations. The net profit and non-net profit for the year 2024 are both negative, and revenue after deductions is less than 300 million yuan. Starting from May 6, 2025, the company will be subject to delisting risk warning, and may be delisted if certain conditions occur in 2025. The company is currently undergoing a major asset restructuring, planning to acquire 100% equity of three companies including Zhong Enyun with cash. The plan has been approved by the shareholders' meeting but has not been fully implemented, and there are risks in raising funds. As of December 24, 2025, the company's current P/E ratio and P/B ratio differ significantly from the industry average, reminding investors to pay attention to risks.