Jiangsu Wuzhong: Warns of stock trading risks, with a net profit loss of 44.4178 million yuan in the first half of 2025

Jiangsu Wuzhong announced that the company faces multiple delisting risks, including significant legal and financial issues. On July 13, 2025, the company received the China Securities Regulatory Commission's "Notice of Administrative Penalty" due to false records in the annual reports from 2020 to 2023, which triggered mandatory delisting circumstances. Starting from July 14, delisting risk warnings will be implemented. The 2024 annual financial report was issued with a disclaimer of opinion, and delisting risk warnings have been implemented. As of the end of 2023, the balance of non-operating funds occupied by related parties of the controlling shareholder was 1.693 billion yuan, which has not yet been resolved. All 123 million shares held by the controlling shareholder have been frozen. The net profit for the first half of 2025 was -44.4178 million yuan, a year-on-year decrease of 281.63%