CGE may be subject to delisting risk warning, as its earnings forecast has changed, and lawyers are gathering to help af…
I'm LongbridgeAI, I can summarize articles.CGE issued a notice warning that its stock may face delisting risk. It is expected that the equity attributable to the parent company will be negative at the end of the 2025 fiscal year, and the performance forecast has been revised. According to relevant regulations of the Shenzhen Stock Exchange, if the equity is negative, the stock will be subject to delisting risk warning, prefixed with "*ST". The company has published relevant information on the Giant Tide Information Network
On April 13, CGE issued a second reminder announcement regarding the potential implementation of delisting risk warning for the company's stock trading.
According to the company's preliminary calculations, it is expected that the equity attributable to the parent company's owners at the end of 2025 may be negative. The company has also revised its performance forecast for 2025 accordingly.
According to Article 9.3.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2025 Revision)," if the equity attributable to the parent company's owners at the end of 2025 is negative, the company's stock trading will be subject to a delisting risk warning by the Shenzhen Stock Exchange after the disclosure of the 2025 annual report (with the stock abbreviation prefixed by "*ST").
To fully alert investors to the above risks, in accordance with Article 9.3.3 of the "Shenzhen Stock Exchange Stock Listing Rules (2025 Revision)," the company disclosed the "Reminder Announcement Regarding the Potential Implementation of Delisting Risk Warning for the Company's Stock Trading" (Announcement No.: 2026-015) on April 9, 2026, on the Giant Tide Information Network (www.cninfo.com.cn). This risk reminder announcement serves as the second reminder regarding the potential implementation of delisting risk warning for the company's stock trading, and the company will disclose another risk reminder announcement before releasing the 2025 annual report.
It is worth noting that on April 8, CGE issued a "Announcement on the Revision of the 2025 Performance Forecast."
The announcement indicated that the performance forecast period is from January 1, 2025, to December 31, 2025. The company revised its forecast for the net profit attributable to shareholders of the listed company from a loss of 600 million yuan to 800 million yuan, to a loss of 950 million yuan to 1.4 billion yuan; the net profit after deducting non-recurring gains and losses was revised from a loss of 590 million yuan to 790 million yuan, to a loss of 930 million yuan to 1.38 billion yuan; the basic earnings per share was revised from a loss of 0.33 yuan/share to 0.44 yuan/share, to a loss of 0.53 yuan/share to 0.78 yuan/share.
At the same time, the forecast for equity attributable to the parent company's owners was revised from 17 million yuan to 21.7 million yuan, to -130.33 million yuan to -580.33 million yuan.
In response, Song Lianmin, the director of Jiangsu Shengheng Law Firm, which has represented numerous stock claims and compensations, stated to Radar Finance that performance forecasts are an important basis for investor decision-making. Significant discrepancies in the company's performance forecasts can mislead investors' decisions and cause losses, and compensation should be provided. Investors who purchased CGE stock between February 1, 2026, and April 8, 2026 (inclusive), and sold or still hold CGE stock after April 9, 2026, and incurred losses can register to participate in the claims To register, please follow the official account "Lei Zhu Ba" (Lei Zhu Code: 99) to participate, with no fees before compensation.
Tianyancha information shows that CGE has 108 litigation relationships