ST Jin Hong: Stock trading experiencing abnormal fluctuations, multiple risks cautioning investors.

date
12/03/2026
ST King Hong announced that from March 10 to 12, 2026, the closing price of the company's stock deviated by a cumulative 14.08% for three consecutive trading days, which is considered abnormal volatility. The recruitment of restructuring investors by the company is uncertain, and it is unknown whether the restructuring will be accepted by the court. The company has been experiencing consecutive net losses for the past 7 years, with the non-GAAP net profit before and after deduction still being negative in 2025. The subsidiary Shenzhou Boundary has temporarily suspended production, with a revenue of 15.3087 million yuan and a net loss of -1.4987 million yuan in the first half of 2025. The company warns investors of multiple risks and advises them to be cautious.