ST Qingyue: Stocks may be delisted due to major violations and price falling below 1 yuan.
ST Qingyu announced that the company received a "Advance Notice of Administrative Penalty" on May 8, 2026, as it is suspected of false recording of financial data in regular reports, which may lead to a major violation and mandatory delisting situation. In addition, the closing price of the company's stock on June 18, 2026 was 0.88 yuan, with a total market value of 3.96 billion yuan. It has been trading below 1 yuan for two consecutive trading days. If it continues to trade below 1 yuan for 20 consecutive trading days, it will be subject to mandatory delisting, and the delisted stocks will not enter the delisting consolidation period. The company reminds investors to be aware of the risks.
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