300716SZSE
🚨 Material Event

Risk Warning Announcement on Potential Delisting of Company Shares

*ST Quanwei Co., Ltd.··4 pages

✨ AI Summary

This announcement warns investors of the potential delisting of Guangdong Quanyou Technology Co., Ltd. shares due to ongoing restructuring, past financial losses, and negative net assets. The company has received a delisting risk warning and may face further warnings if restructuring is accepted by the court. Investors are advised to exercise caution.

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Full Translation

AI Translation· gemini_document

Guangdong Quanyou Technology Co., Ltd.

Announcement on Potential Delisting of Company Shares

The Company and all members of its Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or major omissions.

Special Reminder:

  1. As of the disclosure date of this announcement, the Company has not yet received the formal acceptance document from the Intermediate People's Court of Dongguan City, Guangdong Province (hereinafter referred to as the "Dongguan Intermediate Court") regarding the restructuring matter. There is uncertainty as to whether the creditors' restructuring application will be formally accepted by the Dongguan Intermediate Court and enter the restructuring procedure. If the court formally accepts the restructuring application filed by the applicant against the Company, according to Article 10.4.1, Paragraph 9 of the Shenzhen Stock Exchange GEM Stock Listing Rules, after the court legally accepts the company's restructuring, the company's stock will be subject to an additional delisting risk warning, and the stock abbreviation "*ST Quanyou" will remain unchanged.

  2. On April 30, 2026, the Company disclosed the "Notice on the Implementation of Delisting Risk Warning and Continued Implementation of Other Risk Warnings and Suspension of Company Shares" (Announcement No.: 2026-053). The Company's shares were subject to a delisting risk warning from the opening of trading on May 6, 2026. If the Company encounters circumstances stipulated in Article 10.3.11 of the Shenzhen Stock Exchange GEM Stock Listing Rules, the Company's shares are at risk of being terminated from listing.

  3. According to the audited 2025 annual report data, the Company's total profit in 2025 was -37,952.29 million yuan, net profit attributable to shareholders of the listed company (hereinafter referred to as "net profit") was -22,142.08 million yuan, net profit after deducting non-recurring gains and losses (hereinafter referred to as "non-net profit") was -15,096.16 million yuan, and operating revenue was 4,808.53 million yuan. The Company's net assets at the end of 2025 were -16,340.36 million yuan. The Company's total profit, net profit, and non-net profit in 2025 were all negative, and the operating revenue after deduction was less than 100 million yuan. The Company's audited net assets at the end of 2025 were negative. According to Article 10.3.1, Paragraph (1) of the Shenzhen Stock Exchange GEM Stock Listing Rules, the Company's stock trading was subject to a delisting risk warning after the disclosure of the "2025 Annual Report"; the Company's net assets at the end of the most recent accounting year were negative. According to Article 10.3.1, Paragraph (2) of the Shenzhen Stock Exchange GEM Stock Listing Rules, the Company's stock trading was subject to a delisting risk warning after the disclosure of the "2025 Annual Report"; the Company's net assets at the end of the most recent accounting year were negative.

According to the regulations, the Company's stock trading was subject to a delisting risk warning after the disclosure of the "2025 Annual Report"; the Company's auditing firm, Zhongrui Certified Public Accountants, issued a disclaimer of opinion on the "Internal Control Audit Report" for 2025. Given that the auditing firm has issued a disclaimer of opinion on the "Internal Control Audit Report" for two consecutive years, according to Article 10.4.1, Paragraph (6) of the Shenzhen Stock Exchange GEM Stock Listing Rules, the Company's stock trading was subject to a delisting risk warning after the disclosure of the "2025 Annual Report".

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