ST PANDA accountants clearly state "non-standard" opinion, the company's delisting is almost a certainty
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ST PANDA faces delisting risk. Its annual audit accountant, LianDa Certified Public Accountants, has clearly stated that it will issue an inability to express an opinion on the 2025 financial report and will issue a negative opinion on the internal control audit report. This will lead the company to trigger financial delisting circumstances, and its stock may be terminated from listing. Since 2019, the company has received negative opinions for six consecutive years and is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws and regulations
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