ST Jinglun: Stock price experiencing abnormal fluctuations, facing financial and trading-related delisting risks.
ST Jinglun announced that the company's stock has experienced abnormal fluctuations, with the closing price deviating by more than 12% for three consecutive trading days from March 25 to March 27, 2026. The company's production and operation are normal, and the controlling shareholder and actual controller Zhang Xueyang confirmed that there is no major undisclosed information. The company is at risk of delisting due to financial and trading issues, with an estimated negative net profit for the year 2025 and non-operating income below 300 million yuan. The closing price on March 27th was 0.75 yuan, with a total market value of 369 million yuan, which has been below 500 million yuan for 15 consecutive days, potentially leading to mandatory delisting.
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