Stock Code: 002514
Stock Abbreviation: Baoxin Technology
Announcement Number: 2026-014
Jiangsu Baoxin Technology Co., Ltd. announces that the board of directors and all directors guarantee that the content of this announcement does not contain any false records, misleading statements, or major omissions, and bear individual and joint responsibility for the authenticity, accuracy, and completeness of its content.
Special Reminder:
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Jiangsu Baoxin Technology Co., Ltd. (hereinafter referred to as "the Company") has reported that its total profit, net profit, and net profit after deducting non-recurring gains and losses for the fiscal year 2025 are negative, and its operating revenue after deduction is below 300 million yuan. According to Article 9.3.1, Paragraph 1, Item 1 of the Shenzhen Stock Exchange Listing Rules, after the disclosure of the Company's 2025 annual report, the Company's stock trading will be subject to delisting risk warnings (the stock abbreviation will be prefixed with "*ST"). At the same time, the Company's net assets at the end of the fiscal year 2025 are negative. According to Article 9.3.1, Paragraph 1, Item 2 of the Shenzhen Stock Exchange Listing Rules, if a listed company has "negative net assets at the end of the most recent audited fiscal year," its stock trading will also be subject to delisting risk warnings after the disclosure of the 2025 annual report (the stock abbreviation will be prefixed with "*ST"). Additionally, due to the negative net profit for the last three fiscal years, both before and after deducting non-recurring gains and losses, and the audit report issued by Zhengdan Zhiyuan (Shenzhen) Accounting Firm (Special General Partnership) containing a qualified opinion with a significant uncertainty regarding the company's ability to continue as a going concern, according to Article 9.8.1, Paragraph 1, Item 7 of the Shenzhen Stock Exchange Listing Rules, if a listed company has "negative net profit for the last three fiscal years, both before and after deducting non-recurring gains and losses, and the most recent fiscal year's audit report indicates uncertainty regarding the company's ability to continue as a going concern," its stock trading will also be subject to other risk warnings after the disclosure of the 2025 annual report.
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The Company's stock will be suspended for one day starting from the opening of the market on April 30, 2026, and will resume trading on May 6, 2026.
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Starting from May 6, 2026, the Company's stock will be subject to "delisting risk warnings and other risk warnings," with the stock abbreviation changed from "Baoxin Technology" to "*ST Baoxin," while the stock code remains 002514. After the implementation of delisting risk warnings and other risk warnings, the daily price fluctuation limit for the Company's stock trading will be reduced from 10% to 5%. Investors are advised to pay attention to investment risks.