Shanghai Broadband faces delisting risk amid leadership changes

Shanghai Broadband Technology (SSE:600608) faces delisting risks, prompting leadership changes. The Shanghai Stock Exchange will implement delisting risk warnings (*ST) for the company's stock due to concerning financial results. This includes negative figures for profit, net profit attributable to shareholders, net profit after extraordinary items, and revenue below CNY3 million. Trading will be suspended from April 29th, 2025, before the *ST designation begins on April 30th.