According to the Shanghai Broadband announcement, the company was investigated by the Securities Regulatory Commission for suspected illegal disclosure of information. In 2024, revenue was 17.2267 million yuan, net profit - 5.6828 million yuan, and a delisting risk warning was implemented in 2025. In the first three quarters of 2025, revenue was 5.443 million yuan, and net profit was 1.062 million yuan. If the lower total profit for the year 2025 is negative and revenue falls below 300 million yuan, the stock listing will be terminated. Furthermore, prepaid payments to Hong Kong Petrochemical have been calculated as bad debt provisions at 89.9%, and only HK$1.882 million was repaid by 5.5%, which was later or further reduced. At the same time, the original controlling shareholders' capital occupation situation has not been eliminated, and there are other risk warning situations for stocks.

According to the Shanghai Broadband announcement, the company was investigated by the Securities Regulatory Commission for suspected illegal disclosure of information. In 2024, revenue was 17.2267 million yuan, net profit - 5.6828 million yuan, and a delisting risk warning was implemented in 2025. In the first three quarters of 2025, revenue was 5.443 million yuan, and net profit was 1.062 million yuan. If the lower total profit for the year 2025 is negative and revenue falls below 300 million yuan, the stock listing will be terminated. Furthermore, prepaid payments to Hong Kong Petrochemical have been calculated as bad debt provisions at 89.9%, and only HK$1.882 million was repaid by 5.5%, which was later or further reduced. At the same time, the original controlling shareholders' capital occupation situation has not been eliminated, and there are other risk warning situations for stocks.