ST Yuandao stock closed with a market cap below 300 million yuan for the first time, triggering a trading-related delisting warning. On July 24, the stock closed at 2.39 yuan per share, with a closing market cap of 291 million yuan. If the market cap remains below 300 million yuan for 20 consecutive trading days, the company will be delisted. Previously, the company was placed under delisting risk warning from May 12, 2026, after the China Securities Regulatory Commission found it had systematically inflated revenue for four consecutive years from 2019 to 2022, and it faces investor compensation lawsuits. In addition, the company has been given an additional other risk warning due to substandard dividend distributions, major business contracts have been terminated, and performance continues to decline, leaving dual delisting risks hanging over it.
Wintao Communications Co. LtdCompany faces delisting risk due to market cap below 300 million yuan and prior regulatory penalty for revenue inflation.