*ST Jingfeng: Applies to Revoke Delisting Risk Warning

GateUser-bd883c58 · 2026-03-18T02:11:31+00:00

*ST Jingfeng has completed restructuring and applied for withdrawal of delisting risk warning; however, due to consecutive years of negative net profit and uncertainty in audit reports, it still faces other risk warnings.

GateUser-bd883c58

2026-03-18 02:11:31

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Ask AI · Why does the company still face other risk warnings?

Beijing News Shell Finance Report, March 17 — *ST Jingfeng announced that the company’s restructuring plan has been completed and was approved by the Intermediate People’s Court of Changde City, Hunan Province, ending the restructuring process. The delisting risk warning triggered by the court’s acceptance of the restructuring has been eliminated. The company has applied to the Shenzhen Stock Exchange to revoke the delisting risk warning imposed due to the court’s acceptance of the restructuring. Since the lowest of the net profits before and after non-recurring gains and losses for 2022, 2023, and 2024 is negative, and Daxin Certified Public Accountants issued an unqualified audit report with a paragraph on significant uncertainties related to ongoing operations for the 2024 financial report, the company remains subject to other risk warnings. The company’s stock continues to be under other risk warnings.

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