300716SZSE
🚨 Material Event

Risk Warning Announcement Regarding Possible Termination of Company Stock Listing

*ST Quanwei Co., Ltd.··4 pages

✨ AI Summary

This announcement serves as a risk warning regarding the potential termination of the company's stock listing. The company reported negative audited profits and net assets for the last fiscal year, which may trigger delisting under SZSE regulations. The board is taking measures to improve governance and internal controls to mitigate these risks. Investors are advised to exercise caution.

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Full Translation

AI Translation· azure_openai

Securities Code: 300716

Securities Abbreviation: *ST Quanwei

Announcement Number: 2026-059

Guangdong Quanwei Technology Co., Ltd. Risk Warning Announcement Regarding Possible Termination of Company Stock Listing

Special Reminder:

  1. On April 30, 2026, the company disclosed the "Announcement on the Implementation of Delisting Risk Warning for Company Stock, Continued Implementation of Other Risk Warnings, and Stock Suspension" (Announcement Number: 2026-053). The company's stock was subject to delisting risk warning starting from May 6, 2026. If the company encounters situations as stipulated in Article 10.3.11 of the Shenzhen Stock Exchange Growth Enterprise Market Listing Rules, there is a risk of termination of the company's stock listing.
  2. The company's audited total profit, net profit, and net profit after deducting non-recurring gains and losses for the most recent fiscal year were -37,952.29 million yuan, -22,142.08 million yuan, and -15,096.16 million yuan, respectively, with the lowest being a negative value. Additionally, the revenue after deductions was below 100 million yuan. According to Article 10.3.1 (1) of the Shenzhen Stock Exchange Growth Enterprise Market Listing Rules, the company's stock trading will be subject to delisting risk warning after the disclosure of the "2025 Annual Report." The company's audited net assets at the end of the most recent fiscal year were negative. According to Article 10.3.1 (2) of the Shenzhen Stock Exchange Growth Enterprise Market Listing Rules, the company's stock trading will be subject to delisting risk warning after the disclosure of the "2025 Annual Report." The auditing firm Zhongrui Cheng CPA issued a negative opinion on the company's "Internal Control Audit Report" for the fiscal year 2025. Given that the company has received negative opinions on its "Internal Control Audit Report" for two consecutive years, according to Article 10.4.1 (6) of the Shenzhen Stock Exchange Growth Enterprise Market Listing Rules, the company's stock trading will be subject to delisting risk warning after the disclosure of the "2025 Annual Report."
  3. According to Article 10.4.10 of the Shenzhen Stock Exchange Growth Enterprise Market Listing Rules, "If the company triggers the situation in Article 10.4.1 (6), its stock trading will be subject to delisting risk warning. During the period of delisting risk warning, the company shall disclose a risk warning announcement regarding the possibility of termination of listing once a month. The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions."

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