002630SZSE
🚨 Material Event

Announcement on Abnormal Stock Trading Fluctuations

*ST Huaxi Co., Ltd.··4 pages

✨ AI Summary

This announcement informs investors of the abnormal trading fluctuations of Huaxi Energy Industrial Co., Ltd. stock, which has deviated over 12% in three consecutive trading days. The company faces risks of delisting due to negative net assets and ongoing litigation. Investors are advised to pay close attention to the company's financial situation and related announcements.

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Full Translation

AI Translation· azure_openai

Stock Trading Abnormal Fluctuation Announcement

Huaxi Energy Industrial Co., Ltd. (stock abbreviation: *ST Huaxi, stock code: 002630, hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

  1. The company's stock is at risk of being delisted. The internal control audit reports for the financial statements of the company for the years 2024 and 2025 have been issued with an inability to express an opinion. The audited net assets at the end of 2025 are negative. According to the relevant provisions of the Shenzhen Stock Exchange Listing Rules, the company's stock will be subject to delisting risk warning (*ST) starting from April 30, 2026. If the company encounters situations specified in Article 9.3.12 or Article 9.4.18 (6) of the Shenzhen Stock Exchange Listing Rules in 2026, there is a risk of delisting.
  2. As of now, the company is involved in multiple significant lawsuits and enforcement cases. Investors should pay close attention to announcements related to the company's litigation and arbitration matters and be aware of investment risks.
  3. The company incurred operating losses in 2025, achieving operating revenue of 167,650.74 million yuan, a decrease of 35.35% compared to the same period last year, with a net profit attributable to shareholders of the parent company of -28,709.36 million yuan; the net assets at the end of 2025 were -5,806.51 million yuan. The company has multiple overdue debts, and there have been no significant changes in the company's recent fundamentals. Investors should pay close attention to the company's operations and fundamental situation and be aware of investment risks.

Introduction to Abnormal Stock Trading Fluctuations

The stock of Huaxi Energy Industrial Co., Ltd. has experienced a cumulative price deviation of over 12% over three consecutive trading days (June 2, 2026, June 3, 2026, and June 4, 2026), which constitutes an abnormal trading fluctuation according to the relevant provisions of the Shenzhen Stock Exchange Trading Rules.

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