ST YATAI: The company conducted a self-examination and found issues related to performance forecast revisions, bankruptcy reorganization progress, arbitration withdrawal, shareholder equity changes, related guarantees, personnel resignations, completion of shareholding plans, and signing of cooperation agreements

Zhitong
2025.09.29 11:07

From September 25 to 29, 2025, *ST YATAI's closing price deviation accumulated over 12% for three consecutive trading days, indicating abnormal fluctuations. The company conducted a self-examination and found issues related to performance forecast revisions, bankruptcy reorganization progress, arbitration withdrawal, shareholder equity changes, related guarantees, personnel resignations, completion of shareholding plans, and signing of cooperation agreements. The company has highlighted multiple risks, including a negative net asset value at the end of 2024 leading to a delisting risk warning, and if it reaches the conditions for termination of listing in 2025, it will be delisted; uncertainties in bankruptcy reorganization, potential termination of reorganization investment agreements; and doubts among some directors regarding the authenticity of the semi-annual report, reminding investors to pay attention to risks

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