002323SZSE

Shandong Yabo Technology Co., Ltd. Announcement Regarding Potential Delisting Risk Warning for Stock Trading

*ST Yabo Co., Ltd.·

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Shandong Yabo Technology Co., Ltd. anticipates a net loss and revenue below RMB 300 million for 2025. This may trigger a delisting risk warning, indicated by "*ST" prefix, according to Shenzhen Stock Exchange rules. The company will disclose final audited figures with the 2025 annual report, and trading will be suspended for one day upon announcement before the warning is applied.

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Securities Code: 002323 Securities Abbreviation: Yabo Shares Announcement Number: 2026-008

Shandong Yabo Technology Co., Ltd. Announcement Regarding Potential Delisting Risk Warning for Stock Trading

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Special Notice: Shandong Yabo Technology Co., Ltd. (hereinafter referred to as the "Company") expects that its net profit attributable to shareholders of the listed company in 2025 will be negative, and its operating revenue after deduction will be less than RMB 300 million. According to the relevant provisions of the current "Shenzhen Stock Exchange Stock Listing Rules," after the Company's 2025 annual report is disclosed, the Company's stock trading may be subject to a delisting risk warning (the stock abbreviation will be preceded by "*ST").

I. Reasons for Potential Delisting Risk Warning on Company Stock Trading

According to preliminary calculations by the Company's finance department, it is estimated that the Company's net profit after deducting non-recurring gains and losses in 2025 will be a loss of RMB 140 million to RMB 190 million, and the operating revenue after deduction will be RMB 270 million to RMB 290 million. For details, please refer to the "Revised Announcement of Performance Forecast for 2025" (Announcement No.: 2026-007) previously disclosed by the Company. The Company will trigger the delisting risk warning stipulated in Article 9.3.1 (1) of the "Shenzhen Stock Exchange Stock Listing Rules," which states: "The lowest of the audited total profit, net profit, and net profit after deducting non-recurring gains and losses in the most recent fiscal year is negative, and the operating revenue after deduction is less than RMB 300 million." After the Company's 2025 annual report is disclosed, the Company's stock trading may be subject to a delisting risk warning (the stock abbreviation will be preceded by "*ST").

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