Shuaifeng Electronics: Estimated decrease in revenue for 2025, stock may be subject to delisting risk warning.

Shuai Feng Appliances announced that, according to preliminary calculations, the total profit for 2025 is expected to be between -57 million yuan and -38 million yuan, with a net profit of -62 million yuan to -43 million yuan, and a non-recurring net profit of -74 million yuan to -55 million yuan. Operating income is expected to be between 2.10 billion yuan and 2.50 billion yuan, which is less than 3 billion yuan after deducting related income. According to the regulations, the company's stock may be subject to delisting risk warning after the disclosure of the 2025 annual report. If this occurs, the stock will be suspended from the disclosure date, and the Shanghai Stock Exchange will issue a warning within 5 trading days of the suspension. This is the first risk warning, and there will be at least 2 more disclosures before the annual report is released.