正平路桥建设股份有限公司 关于股票交易的风险提示公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 正平路桥建设股份有限公司（以下简称"公司"）股票自 2025 年 12 月 24 日至 2025 年 12 月 31 日期间连续 4 个交易日涨停收盘，累计涨幅达 28.25%，公司股价短 期涨幅较大，已严重脱离基本面。公司多次发布股票交易异常波动及风险提示公告， 请投资者关注公司存在的相关风险，理性决策，审慎投资。 一、二级市场交易风险 公司股票自 2025 年 9 月 1 日至 2025 年 11 月 18 日期间累计涨幅达 221.93%，累 计涨停天数 26 天；2025 年 12 月 3 日至 2025 年 12 月 23 日连续跌停 10 个交易日，累 计跌幅达 48.50%；2025 年 12 月 24 日至 2025 年 12 月 31 日期间连续 4 个交易日涨停 收盘，累计涨幅达 28.25%。公司股价剧烈交替走势可能存在市场情绪过热，非理性炒 作情形，非理性波动已积累较高交易风险，投资者盲目参与可能面临重 ...

Core Viewpoint - The company has experienced a significant stock price increase of 28.25% over four consecutive trading days, indicating potential irrational speculation in the market [1] Financial Performance - For the year 2024, the company reported revenue of 1.362 billion and a net loss attributable to shareholders of 484 million [1] - In the first three quarters of 2025, the company generated revenue of 652 million with a net loss attributable to shareholders of 99 million [1] - As of the end of the third quarter of 2025, the company's net assets attributable to shareholders stood at 280 million [1] Risks and Concerns - The company faces risks of being delisted due to the possibility of negative audited net assets for the year 2025, stemming from asset impairment or undisclosed debts [1] - The pre-restructuring debt claims have been partially submitted, which does not alleviate the issues related to the non-standard audit opinion for 2024 [1]

来源：金综科技 12月30日，*ST正平公告，公司股票自2025年12月24日至12月30日连续4个交易日涨停，累计涨幅达 22.87%。公司股价短期内大幅上涨，严重脱离基本面，提醒投资者理性决策，审慎投资。 此外，公司预重整债权申报仅涉及部分子公司，存在债权申报准确性、完整性重大不确定性。公司不排 除因资产减值、债务计提不足，导致2025年度归母净资产为负而被终止上市的风险。公司业绩持续亏 损，2024年归母净利润为-4.84亿元，2025年三季度归母净利润为-0.99亿元。 公司预重整债权申报为部分债权申报，公司主要控股子公司未被纳入本次预重整债权申报范围，债权申 报准确性、完整性存在重大不确定性，公司可能难以通过本次债权申报消除非标意见所涉事项。 特别声明：以上内容仅代表作者本人的观点或立场，不代表新浪财经头条的观点或立场。如因作品内 容、版权或其他问题需要与新浪财经头条联系的，请于上述内容发布后的30天内进行。 ...

证券代码：603843 证券简称：*ST 正平 公告编号：2025-105 正平路桥建设股份有限公司 关于股票交易的风险提示公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 正平路桥建设股份有限公司（以下简称"公司"）股票自 2025 年 12 月 24 日至 2025 年 12 月 30 日连续 4 个交易日涨停收盘，期间累计涨幅达 22.87%，公司股价短 期涨幅度较大，已严重脱离基本面。公司多次发布股票交易异常波动及风险提示公告， 请投资者关注公司存在的相关风险，理性决策，审慎投资。 一、二级市场交易风险 公司股票自 2025 年 9 月 1 日至 2025 年 11 月 18 日期间累计涨幅达 221.93%，累 计涨停天数 26 天；2025 年 12 月 3 日至 2025 年 12 月 23 日连续跌停 10 个交易日，累 计跌幅达 48.50%；2025 年 12 月 24 日至 2025 年 12 月 30 日连续 4 个交易日涨停收盘， 期间累计涨幅达 22.87%。公司股价剧烈交替走势可能存在市场情绪 ...

*ST正平公告称，公司股票自2025年12月24日至30日连续4个交易日涨停，累计涨幅达22.87%，已严重 脱离基本面。公司预重整债权申报范围有限，主要控股子公司未被纳入，可能难以通过本次债权申报消 除非标意见所涉事项。公司不排除因资产减值、预重整债权申报发现应计而未计债务，导致2025年度经 审计的归母净资产为负，从而被终止上市的风险。此外，公司存在其他资金占用、违规担保的可能性， 以及矿产资源开采能力不足和业绩持续亏损等问题。 ...

Core Viewpoint - *ST Zhengping's stock has experienced a significant increase of 22.87% over four consecutive trading days, raising concerns about its detachment from fundamental performance [1] Group 1: Stock Performance - The company's stock was subject to a trading halt due to a continuous rise, with a cumulative increase of 22.87% from December 24 to December 30, 2025 [1] Group 2: Financial Concerns - The company faces potential risks of negative audited net assets for the fiscal year 2025, which could lead to delisting, due to limited scope for pre-restructuring debt claims and possible undisclosed liabilities [1] - There are indications of possible asset impairment and undisclosed debts that may be revealed during the pre-restructuring debt claim process [1] Group 3: Operational Issues - The company has ongoing issues such as potential fund misappropriation, illegal guarantees, insufficient mining resource extraction capabilities, and continuous operating losses [1]

Core Viewpoint - The company *ST Zhengping is facing significant uncertainties regarding its financial stability and potential delisting due to ongoing issues with its debt restructuring and audit opinions [1] Group 1: Stock Performance and Trading - The company's stock price has deviated significantly, with a cumulative increase of over 12% in closing prices over three consecutive trading days, indicating abnormal trading activity [1] - There is a risk of the company's stock being delisted if it cannot resolve the issues related to non-standard audit opinions before the 2025 audit report [1] Group 2: Debt Restructuring and Financial Reporting - The pre-restructuring debt claims submitted only cover a portion of the company's subsidiaries, raising concerns about the accuracy and completeness of the debt claims [1] - The company may face difficulties in eliminating non-standard audit opinions, which could lead to a negative net asset value for the parent company by 2025, increasing the risk of delisting [1] - There is uncertainty regarding the company's ability to enter the restructuring process and whether it can address the issues related to non-standard audit opinions [1] Group 3: Financial Health and Operational Challenges - The company has been experiencing continuous losses, and there are concerns about potential asset impairments and undisclosed liabilities that could further impact its financial health [1] - The company's mining resource extraction capabilities are insufficient, which may hinder its operational performance and recovery efforts [1]

证券代码：603843 证券简称：*ST 正平 公告编号：2025-104 正平路桥建设股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： ●二级市场交易风险。正平路桥建设股份有限公司（以下简称"公司"或"正平 股份"）股票于 2025 年 12 月 25 日、12 月 26 日、12 月 29 日连续三个交易日内收盘 价格涨幅偏离值累计超过 12%，根据《上海证券交易所交易规则》的有关规定，属于 股票交易异常波动。截至目前，公司基本面未发生重大变化，但近期公司股票交易价 格涨幅已严重脱离公司目前的基本面情况，公司股价与同期上证指数、建筑行业存在 严重偏离，投资者参与交易可能面临较大的市场风险。公司郑重提醒广大投资者关注 公司存在的风险，理性决策，审慎投资。 ●公司预重整债权申报为部分债权申报，公司主要控股子公司未被纳入本次预重 整债权申报范围，债权申报准确性、完整性存在重大不确定性，公司可能难以通过本 次债权申报消除非标意见所涉事项。公司预重整债权申报涉及母公司及部分子公司债 ...

格隆汇12月29日｜*ST正平公告，公司股票连续三个交易日内收盘价格涨幅偏离值累计超过12%，属于 股票交易异常波动。截至目前，公司基本面未发生重大变化，但近期公司股票交易价格涨幅已严重脱离 公司目前的基本面情况，公司股价与同期上证指数、建筑行业存在严重偏离，投资者参与交易可能面临 较大的市场风险。公司预重整债权申报为部分债权申报，公司主要控股子公司未被纳入本次预重整债权 申报范围，债权申报准确性、完整性存在重大不确定性，公司可能难以通过本次债权申报消除非标意见 所涉事项。公司不排除存在因资产减值、预重整债权申报发现应计而未计债务，导致2025年度经审计的 归母净资产为负，从而被终止上市的风险。 ...

Core Viewpoint - The infrastructure sector experienced a slight increase of 0.13% on December 26, with *ST Zhengping leading the gains. The Shanghai Composite Index closed at 3963.68, up 0.1%, while the Shenzhen Component Index closed at 13603.89, up 0.54% [1]. Group 1: Stock Performance - *ST Zhengping (603843) closed at 4.97, with a rise of 5.07% and a trading volume of 379,200 shares, amounting to a transaction value of 188 million yuan [1]. - *ST Huawang (603007) closed at 5.30, increasing by 4.95% with a trading volume of 222,500 shares, totaling 118 million yuan [1]. - China Nuclear Engineering (601611) closed at 13.69, up 3.79% with a trading volume of 1,498,900 shares, resulting in a transaction value of 201.5 million yuan [1]. - Chengbang Co. (603316) closed at 14.88, rising by 3.77% with a trading volume of 129,200 shares, amounting to 192 million yuan [1]. - *ST Jiaotou (002200) closed at 7.67, increasing by 2.13% with a trading volume of 14,800 shares, totaling 11.23 million yuan [1]. Group 2: Capital Flow - The infrastructure sector saw a net outflow of 269 million yuan from institutional investors, while retail investors contributed a net inflow of 248 million yuan [2]. - Major stocks like China Nuclear Engineering had a net inflow of 155.5 million yuan from institutional investors, while it faced a net outflow of 156.5 million yuan from speculative funds [3]. - Huylv Ecology (001267) experienced a net inflow of 56.19 million yuan from institutional investors, but a significant net outflow of 70.20 million yuan from retail investors [3].