ST Changyuan hit its daily limit about four minutes after the open on the first trading day following its application to remove the special designation. Last Friday evening, ST Changyuan announced that the circumstances triggering the other risk warning due to a negative opinion on its internal controls had been eliminated, and that no other risk warning circumstances existed, so it had applied to the Shanghai Stock Exchange to remove the other risk warning on its shares. Previously, ST Changyuan was given a warning and fined 1.6 million yuan by the Shenzhen Securities Regulatory Bureau for failing to disclose in a timely manner related-party non-operating fund occupation, and relevant personnel were fined a total of 2.6 million yuan. The company's recently disclosed 2026 semi-annual earnings forecast shows that, as revenue from smart grid equipment and energy internet technology services rose steadily, it expects net profit attributable to the parent company of 35 million to 52 million yuan, turning from a loss to a profit year on year.
Changyuan Group LtdApplication to remove risk warning and positive earnings forecast
