Routon implements delisting risk warning and suspends trading for 1 day on April 28

According to the announcement from Routon (600355.SH), the company's audited total profit, net profit, and net profit after deducting non-recurring gains and losses for the fiscal year 2024 are all negative. Additionally, the operating income, after excluding revenue unrelated to the main business and income lacking commercial substance, is less than 300 million yuan, which triggers the delisting risk warning conditions as stipulated in Article 9.3.2 of the Shanghai Stock Exchange Listing Rules: "If the audited total profit, net profit, or net profit after deducting non-recurring gains and losses for the most recent fiscal year is negative and the operating income is below 300 million yuan, or if the retrospective restatement shows that the total profit, net profit, or net profit after deducting non-recurring gains and losses for the most recent fiscal year is negative and the operating income is below 300 million yuan," the company's stock will be subject to a delisting risk warning by the Shanghai Stock Exchange.

In accordance with the relevant provisions of the Shanghai Stock Exchange Listing Rules, the company's stock will be suspended for one day on April 28, 2025, and from April 29, 2025, it will be subject to a delisting risk warning. After the delisting risk warning is implemented, the daily price fluctuation limit for the company's stock will be 5%, and the stock will trade on the risk warning board