Joyvio Foods faces potential delisting amid negative net assets

Joyvio Agriculture Development (SZSE:300268) has issued its second risk warning, informing investors that its stock may be subject to a delisting risk alert after the disclosure of its 2024 annual report. The company anticipates a negative net asset value at the end of 2024. Simultaneously, Joyvio is embroiled in legal proceedings. Its Chilean subsidiaries, Food Investment SpA and Australis Seafood S.A, have received a ruling related to a request for judicial assistance in a case involving allegations of mismanagement and fraud against former executives, though this is not expected to impact the company's financials.