*ST Coconut Island: Revenue may be less than 300 million yuan in 2025, with a risk of delisting.

MetaMuskRat · 2026-03-27T07:53:48+00:00

*ST Coconut Island announced that during the review of the 2025 annual report, it was found that the sales proportion of Deer Turtle Liquor at the terminal is low. If operating revenue falls below 300 million yuan, there may be a risk of delisting. The annual review agency is currently verifying the related sales return situation, and the audit opinion will affect the financial statement results.

MetaMuskRat

2026-03-27 07:53:48

Abstract generation in progress

People’s Finance and News March 25, *ST Yedao (600238) announced on March 25 that as of the date of the announcement disclosure, the company’s 2025 annual report audit work is ongoing. In the prior period, the annual audit firm conducted on-site visits and verification of the terminal sales of the Lu Gui Jiu product; as of January 30, 2026, the proportion of terminal sales for this product was low. If subsequent verification shows that the terminal sales situation affects the amount of revenue to be deducted, causing revenue after deductions to fall below RMB 300 million, it may lead to the company’s stock being delisted after the 2025 annual report is disclosed. Currently, the annual audit firm is checking the company’s prior period sales returns. If, after the annual audit firm’s verification, sufficient and appropriate audit evidence cannot be obtained, the matter may cause the annual audit firm to issue a non-unqualified opinion on the company’s 2025 financial statements or internal controls, which may lead to the company’s stock being delisted after the 2025 annual report is disclosed.

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