ST Rocks: Expected to suffer losses in performance in 2025, stock may delist due to multiple reasons.

date
11/02/2026
ST Rock announced that the company's stock price has recently fluctuated greatly and has continuously hit the limit up. As of now, the annual auditor has not obtained sufficient evidence to prove that the issues involving the 2024 audit report with a qualified opinion have been resolved, and it is expected to issue a qualified opinion on the 2025 financial report. The performance in 2025 is expected to be a loss, with forecasted revenue of 48 million to 60 million yuan and a net loss of 180 million to 250 million yuan. The company's stock may be delisted due to the non-standard audit opinion, net loss, and insufficient revenue. In addition, the controlling shareholder's shares have been completely frozen by the judiciary, accounting for 64.80% of the total share capital, and the actual controller Han Xiao has been subjected to criminal coercive measures.