ST Mei Valley: Performance expected to be in deficit in 2025, stock may be delisted.

date
29/01/2026
*ST Mei Valley announced that the company's stock will be delisted and subject to other risk warnings starting April 30, 2025. If the conditions stipulated in the "Stock Listing Rules" occur in 2025, there is a risk of the stock being delisted. The company is expected to have a revenue of 850 million to 1.05 billion yuan in 2025, with a post-deduction revenue of 850 million to 1.05 billion yuan; a total profit of -570 million to -400 million yuan; a net profit attributable to shareholders of -550 million to -390 million yuan; a non-deductible net profit of -780 million to -550 million yuan; and the year-end equity of the parent company owners is expected to be 1.54 billion to 2 billion yuan. The performance forecast is unaudited and subject to uncertainties. This is the first risk warning announcement, and a disclosure will be made every 10 trading days before the annual report is released.