*ST Yushun: Abnormal Stock Price Fluctuations; Major Asset Restructuring Still Underway
*ST Yushun announced that the daily closing price of the company’s stock deviated by more than 12% cumulatively over three consecutive trading days from December 30, 2025, to January 5, 2026, constituting abnormal fluctuations. The company reported negative net profit and net profit excluding non-recurring items for the 2024 fiscal year, with revenue after such adjustments falling below 300 million yuan. Consequently, a delisting risk warning was imposed on the company effective May 6, 2025. If certain specified conditions are met in 2025, the stock will be delisted. The company is currently finalizing its 2025 financial data. In addition, the Company is currently pursuing a major asset restructuring, proposing to acquire 100% of the equity in three companies, including Zhong’en Cloud (Beijing), through a cash transaction. The transaction involves risks such as the ability to raise funds.
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