ST Mei Valley: Announces the sixth risk warning that its stock may be delisted.
*ST Mei Valley announced that the company will be subject to delisting risk warnings and other risk warnings starting from April 30, 2025. If circumstances specified in Article 9.3.12 of the Stock Listing Rules occur in the fiscal year 2025, the company's stock will be at risk of being delisted. The company's preliminary estimate for the fiscal year 2025 is expected to have a revenue of 8.5 billion to 10.5 billion yuan, a net loss of 3.9 billion to 5.5 billion yuan, and the equity attributable to shareholders of the listed company at the end of 2025 is estimated to be 15.4 billion to 20 billion yuan. This is the company's sixth risk warning announcement.*
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