ST ChunTian: Stock price experiencing abnormal fluctuations, forecasted loss in 2025 and facing the risk of delisting.

ST ChunTian announced that from March 16th to 18th, 2026, the closing price of the company's stock has deviated by 12% for three consecutive trading days, which is considered abnormal volatility. The company conducted self-inspection and verified with major shareholders, but found no undisclosed major issues. The company has been under delisting risk warning since April 30th, 2025. If the financial data in the 2025 annual report does not comply with regulations, the company may be delisted. The company's auditor cannot confirm if the company's revenue after deducting related income in 2025 will exceed 300 million yuan. As of the announcement date, 100 million yuan of prepaid investment funds have not been recovered, and if there is no progress, the audit report may be unable to issue an opinion. The company expects a total profit of -31.3 million to -46.8 million yuan for 2025, a net profit attributable to shareholders of -44 million to -59.5 million yuan, and a non-GAAP net profit attributable to shareholders of -56.4 million to -71.9 million yuan.