ST Nachuan: Third warning that the company's stock may be at risk of delisting.

ST Nachuan announced that the company's total profit, net profit, etc. for the year 2025 were negative, with revenue exceeding 100 million yuan after deducting, and the year-end net assets were -148 million yuan. The internal control audit reports for 2024 and 2025 were negative opinions, and the audit report for 2025 was a qualified opinion. The company will be subject to delisting risk warning from April 29, 2026. If the 2026 annual report triggers relevant circumstances, the company's stock will be delisted. The company has taken multiple rectification measures, but the delisting risk warning and other risk warnings have not been eliminated. Investors are reminded to be cautious about the risks.