
ST Yuancheng: Abnormal stock price fluctuations, facing multiple delisting and operational risks
*ST Yuancheng announced that the company's stock price had a cumulative decline deviation of over 12% during the three consecutive trading days from October 29 to 31, indicating abnormal fluctuations. The company is facing multiple risks, including forced delisting due to trading-related issues. As of October 31, the total market value was 254 million yuan, remaining below 500 million yuan for 14 consecutive days, with a closing price of 0.78 yuan, below 1 yuan for 5 consecutive days; regarding forced delisting due to major violations, the annual reports from 2020 to 2022 contained false records, and the 2022 private placement documents fabricated false content; concerning financial delisting, the revenue for the first half of 2025 was 82.3393 million yuan, with a net profit of -126.795 million yuan. Additionally, there are risks related to ongoing operations, fundraising, and stock pledges

