ST Three Bedrooms: Abnormal stock trading fluctuations indicate multiple risks.

ST Sanfang announced that the company's stock price deviated by more than 12% for three consecutive trading days from June 16 to 18, 2026, which indicates abnormal volatility. The company reported a net loss of 885 million yuan in 2025, but made a net profit of 32.7409 million yuan in the first quarter of 2026. The controlling shareholder and its concerted action persons have pledged and judicially frozen all of their shares, with a total of 439.17 million shares to be judicially auctioned due to execution objections being temporarily postponed. As of May 30, the company's guaranteed overdue debt amounted to 561 million yuan, while its subsidiaries' overdue debt reached 828 million yuan. The company's stock has been subject to delisting risk warnings as well as other risk warnings, reminding investors to be aware of the risks.