002289SZSE
🚨 Material Event

Announcement on Abnormal Stock Trading Fluctuations and Risk Warning

*ST Yushun Co., Ltd.··4 pages

✨ AI Summary

Shenzhen Yushun Electronics Co., Ltd. reported that its audited net profit for 2024 is negative, triggering a delisting risk warning effective May 6, 2025. The company has applied to revoke this warning, pending approval from the Shenzhen Stock Exchange. As of June 1, 2026, the company's static P/E ratio is -840.67, significantly differing from industry averages, highlighting investment risks.

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Full Translation

AI Translation· azure_openai

Securities Code: 002289
Securities Abbreviation: *ST Yushun
Announcement Number: 2026-064

Shenzhen Yushun Electronics Co., Ltd. Stock Trading Abnormal Fluctuation and Risk Warning Announcement

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. Given that Shenzhen Yushun Electronics Co., Ltd. (hereinafter referred to as "the Company") has reported an audited net profit attributable to the parent company for the year 2024 (hereinafter referred to as "net profit") and a net profit after deducting non-recurring gains and losses, both of which are negative, and that the operating revenue after deductions is below 300 million yuan, it triggers the provisions of Article 9.3.1 (1) of the Shenzhen Stock Exchange Stock Listing Rules. Therefore, starting from May 6, 2025, the Shenzhen Stock Exchange will implement a delisting risk warning for the company's stock. The company disclosed its 2025 annual report on April 29, 2026, and according to relevant regulations, the company meets the conditions to apply for the revocation of the delisting risk warning. After the board of directors' review and approval, the company submitted an application to the Shenzhen Stock Exchange on April 28, 2026, to revoke the delisting risk warning for its stock, which is still subject to review by the Shenzhen Stock Exchange, and there is uncertainty regarding whether it will be approved.
  2. As of June 1, 2026, the company's static P/E ratio is -840.67 times, the rolling P/E ratio is 365.84 times, and the P/B ratio is 46.22 times. According to data from China Securities Index Co., Ltd., the static P/E ratio for the manufacturing industry—computer, communication, and other electronic equipment manufacturing (C39) is 67.41 times, the rolling P/E ratio is 61.70 times, and the P/B ratio is 6.64 times. The static P/E ratio for the company's holding subsidiary, Shanghai Fubang Industrial Co., Ltd., in the manufacturing industry—other manufacturing (C41) is 55.05 times, the rolling P/E ratio is 61.36 times, and the P/B ratio is 4.57 times. The company acquired 100% equity of Zhong'en Cloud (Beijing) Data Technology Co., Ltd., Beijing Shenhuibi Source Cloud Computing Technology Co., Ltd., and Zhong'en Cloud (Beijing) Data Information Technology Co., Ltd. (hereinafter collectively referred to as "Zhong'en Cloud Data Center"). Starting from December 2025, Zhong'en Cloud Data Center will be included in the consolidated scope. The static P/E ratio for Zhong'en Cloud Data Center in the information transmission, software, and information technology services industry—software and information technology services (I65) is 79.12 times, the rolling P/E ratio is 71.79 times, and the P/B ratio is 5.46 times. The company's current P/E and P/B ratios differ significantly from the above industry conditions, and investors are advised to pay attention to investment risks.

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