ST Longda issued a risk warning announcement on the evening of September 23, stating that the company's stock may be subject to a delisting risk warning. The announcement shows that the company's 2025 internal control was given an adverse opinion in the Internal Control Audit Report by Hexin Certified Public Accountants. According to Article 9.4.1, Item 6 of the Shenzhen Stock Exchange Stock Listing Rules, if the company's internal control over financial reporting is again issued an audit report with a disclaimer of opinion or an adverse opinion in the next fiscal year, the company's stock will be subject to a delisting risk warning, and the company must disclose relevant progress and risk warnings at least once a month. The announcement also disclosed that as of the disclosure date, although the company has entered the pre-reorganization process, it has not yet received the relevant legal documents from the court accepting the reorganization application. If the court rules to accept the reorganization, the Shenzhen Stock Exchange will impose a delisting risk warning on the company's stock. If the reorganization fails, the company faces the risk of being declared bankrupt and subsequently delisted. In terms of operations, the company achieved operating revenue of 3.799 billion yuan in the first half of the year, a year-on-year decrease of 23.64%. Net profit attributable to shareholders of the listed company was negative 96.8343 million yuan, a loss reduction of 63.16% compared with negative 263 million yuan in the same period last year. Non-recurring net profit was negative 146 million yuan, a year-on-year loss reduction of 45.08%. In terms of stock price, as of the close on September 23, the company's stock price has fallen by about 39.66% cumulatively since the beginning of 2026.
Shandong Longda Meat Foodstuff Co LtdInternal control received an adverse audit opinion, triggering a possible delisting risk warning under Shenzhen Stock Exchange listing rules.
