ST Dongjing announced that its shares will be suspended from trading for one day on July 22, and will resume trading on July 23 with the delisting risk warning removed. The stock abbreviation will change from ST Dongjing to Dongjing Electronics, and the daily price limit will remain at 10 percent. The company had been placed under the ST designation since March 26, 2025, after its 2024 results triggered the delisting risk warning threshold. The 2025 annual report shows total profit, net profit attributable to shareholders, and net profit after deducting non-recurring items at negative 48.48 million yuan, negative 50.02 million yuan, and negative 56.70 million yuan respectively. Revenue after deductions was 343 million yuan, net assets stood at 182 million yuan, and the annual report received a standard unqualified audit opinion, meaning the conditions that triggered the delisting risk warning have been completely eliminated. The company's main business is quartz crystal resonators, oscillators, and other crystal products, with a latest market value of 2.4 billion yuan. A recently released half-year earnings forecast estimates first-half revenue between 310 million and 350 million yuan, a year-on-year increase of 165.09 percent to 199.29 percent. Net profit attributable to shareholders is expected to be between negative 20 million and negative 12 million yuan, with losses narrowing significantly year-on-year. The revenue growth is mainly due to the addition of battery-grade lithium carbonate operations, but intense competition in the quartz crystal components industry has kept main product unit prices from improving noticeably, and the company plans to make an inventory impairment provision of approximately 15 million to 20 million yuan.
Zhejiang East Crystal Electronic Co LtdDelisting risk removed, stock to resume trading with normal designation, reflecting improved financial condition.