Capital flight and frenzied bargain-hunting are unfolding simultaneously, leading to extreme divergence within the ST sector.

Gelonghui, May 29 | According to Yicai, while some individual stocks have suffered more than ten consecutive daily trading limits down within the month, others have surged over 50%, repeatedly triggering announcements regarding abnormal stock price movements. The ST sector is currently experiencing extreme market divergence. Wind data shows that since May, ten ST-listed stocks—including *ST Ruimao and ST Haiwang—have hit the daily trading limit down more than ten times this month, each recording a monthly decline exceeding 30%. Meanwhile, stocks such as *ST Chuntian and *ST Baoxin have posted eight consecutive daily trading limits up. *ST Jinglan has logged 36 daily trading limits up year-to-date, accumulating a staggering gain of 280.12%. Industry insiders attribute this extreme bifurcation in the ST sector to the deepening implementation of delisting regulations.

Gelonghui FinanceMay 29 09:02

*ST Baoxin (002514.SZ): The company is not involved in any discussions or negotiations regarding backdoor listings, restructurings, or similar activities with any enterprise.

*ST Baoxin (002514.SZ) issued a clarification announcement regarding market rumors and a risk warning on abnormal stock price fluctuations, stating that the company has noted recent online circulation of false statements concerning the company, including unsubstantiated claims that the company would be 'backdoor-listed' or undergo 'bankruptcy reorganization,' which have attracted public attention. In this regard, the company clarifies and solemnly declares that it is not engaged in any discussions or negotiations with any enterprise regarding backdoor listings, reorganizations, or similar activities. Furthermore, there is no situation involving 'change of control' or 'bankruptcy reorganization.' As of the date of this announcement, the company is not planning any major asset restructurings, share issuances, acquisitions, debt restructurings, business restructurings, asset injections, bankruptcy reorganizations, or other material matters.

Zhitong FinanceMay 27 20:20

*ST Baoxin (002514.SZ): Currently has no business related to robots or robotic dogs.

Gelonghui, May 20 — *ST Baoxin (002514.SZ) announced a notice regarding abnormal stock price fluctuations and risk warnings, stating that in November 2025, the company jointly established a joint venture, Zhishen Robotics Technology (Chengdu) Co., Ltd. (hereinafter referred to as “Zhishen Technology”), in Chengdu, Sichuan, together with Zhishen Technology (Beijing) Co., Ltd. and Shuyanger Media Technology (Sichuan) Co., Ltd. For details, please refer to the Company’s announcement titled “Announcement on Progress of Establishing Joint Venture through External Investment and Completion of Business Registration” (Announcement No.: 2025-100), published on November 17, 2025, via designated information disclosure media. As of now, due to

Gelonghui FinanceMay 20 20:45

Baoxin Technology: First Quarter Report for 2026

SZSIApr 30 00:00 · Announcements

Baoxin Technology: Financial Statements and Notes Following the Correction of Prior-Period Accounting Errors

SZSIApr 30 00:00 · Announcements

Baoxin Technology: 2025 Annual Report

SZSIApr 30 00:00 · Announcements