---
title: "ST KEXIN: The company's stock may be delisted"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/226123483.md"
description: "KEXIN DEVELOPMENT announced that due to its operating income for the year 2023 being less than 100 million yuan and its net profit being negative, it will implement a delisting risk warning starting from April 30, 2024. If similar circumstances occur in 2024, the stock may be terminated from listing. The estimated total profit for 2024 is expected to be between 36.1532 million yuan and 43.3821 million yuan, with a net profit between 35.3497 million yuan and 42.4180 million yuan, and operating income between 317 million yuan and 381 million yuan, representing a year-on-year growth of 352.33% to 442.78%. The data is unaudited and subject to the official annual report"
datetime: "2025-01-24T08:57:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226123483.md)
  - [en](https://longbridge.com/en/news/226123483.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226123483.md)
generator: "portal-rs"
---

# ST KEXIN: The company's stock may be delisted

\*ST KEXIN announced that the company has been subject to delisting risk warning since April 30, 2024, due to its operating revenue for the year 2023 being less than 100 million yuan and a negative net profit. If the company encounters the relevant circumstances stipulated in Article 9.3.7 of the Stock Listing Rules in 2024, its stock may be delisted from the Shanghai Stock Exchange. According to preliminary estimates, the company is expected to achieve a total profit of 36.1532 million to 43.3821 million yuan in 2024, with a net profit attributable to the parent company's owners of 35.3497 million to 42.4180 million yuan. The net profit after deducting non-recurring gains and losses is expected to be 8.6827 million to 10.4189 million yuan, indicating a turnaround from loss to profit. The expected operating revenue is between 317 million and 381 million yuan, representing a year-on-year growth of 352.33% to 442.78%. The above data is unaudited and is subject to the officially disclosed audited annual report. The company will disclose a risk warning announcement every 10 trading days from the risk warning announcement until the annual report is disclosed

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**