On August 14, ST Ningke and ST Changyuan announced that they had applied to the Shanghai Stock Exchange to remove other risk warnings. ST Ningke said that ShineWing Certified Public Accountants issued a special statement on April 23, 2026, confirming that the matters related to the material uncertainty paragraph on going concern in the company's 2024 financial statements had been resolved, and that the restructuring plans of the company and its subsidiaries had been fully implemented, production and operations were normal, the administrative penalty imposed by the Ningxia Securities Regulatory Bureau had passed the 12-month period and retrospective restatement had been completed, and the circumstances triggering the other risk warning had been correspondingly eliminated. ST Ningke's main businesses include the production and sale of long-chain dibasic acids and the manufacture of coal-based activated carbon. In 2025, its subsidiary Zhongke New Materials achieved operating revenue of 260 million yuan, but according to the previously disclosed 2026 half-year results forecast, the company expects a first-half loss of 120 million to 150 million yuan. The company's actual controller intends to use lawful self-owned funds or self-raised funds to increase holdings in the company's shares, with a total amount of no less than 30 million yuan and no more than 60 million yuan. Some directors and all senior executives, among other shareholding-increase parties, plan to increase holdings by a total of no less than 3.7 million yuan and no more than 6 million yuan. ST Changyuan, which had been subject to other risk warnings since April 30, 2025, because its 2024 financial statements received a qualified audit opinion, said that by the end of 2025 it had completed rectification of material deficiencies in internal control over financial reporting, the impact of the matters related to the non-standard audit opinion had been eliminated, and it had applied to remove the other risk warning.
Changyuan Group LtdApplied to remove other risk warnings after completing rectification.
Ningxia Xinri Hengli Steel Wire Rope Co Ltd