On the evening of June 5, *ST Renle (002336) announced that the company received the "Decision on the Termination of Listing of Renrenle Chain Commercial Group Co., Ltd." delivered by the Shenzhen Stock Exchange on the same day.Shenzhen Stock Exchange decided to terminate the listing of the company's stock.
Announcement shows that on April 22, 2024, the company's stock transactions were subject to a delisting risk warning. On April 30, 2025, *ST Renle disclosed its first annual report after the delisting risk warning of stock trading showed that the company's audited end-of-period net assets in 2024 were -404 million yuan, an audit report with no opinion was issued for the financial accounting report, and an audit report with negative opinion was issued for the internal control of the financial report, which touched the termination of the listing of the Shenzhen Stock Exchange stock.
*ST Renle stated in the announcement that stocks traded on the risk warning board during the delisting settlement period. On the first trading day of the delisting settlement period, the company's stock price had no limit on the rise and fall, and the daily limit on the rise and fall was 10% thereafter.
*ST Renle shares will be transferred to the delisting sector managed by the National Equities Exchange and Quotation Company for share transfer. The company will promptly hire a securities company and entrust it to provide share transfer services to the company after the company's shares are delisted, and authorize it to handle share withdrawal registration, share reconfirmation, and share transfer services in the delisting sector managed by the National Equities Exchange Company.
*ST Renle's 2024 annual report shows that the company's main business is commodity retail chain operations. The company mainly conducts business through direct chain stores, and physical stores are mainly leasing; in terms of business model, it mainly adopts a multi-business development model that combines physical formats such as hypermarket, boutique supermarket, community life supermarket, and department stores with "Everyone Le Home" mini program and APP services.
In 2024, the company achieved operating income of 1.43 billion yuan, a year-on-year decrease of 49.86%; the net profit attributable to shareholders of listed companies was -17 million yuan, with a loss of 498 million yuan in the same period last year.
The announcement shows that as of the end of 2024, the company had 32 stores, all of which were direct stores. In 2024, the company opened 1 new store, closed 45 stores, and transferred 15 stores.
*ST Renle's first quarter report shows that in the first quarter of 2025, the company achieved operating income of 129 million yuan, a year-on-year decrease of 77.81%; net profit attributable to shareholders was a loss of 79.6167 million yuan, a loss of 132 million yuan in the same period last year.
Source: China Securities Journal, China Economic Network, Ningbo Evening News
