Trading of *ST Zhengying (603843) has been suspended starting March 27 for a compliance review. On the evening of March 26, the company disclosed that its stock price had surged by 57.56% from March 10 to March 26, with 10 trading days hitting the daily upward limit during this period. The stock triggered three trading volatility alerts, including two consecutive alerts in the same direction. The company will conduct a review of its stock trading activity, with the suspension expected to last no more than five trading days.

Market data shows that over the 12 trading days from March 11 to March 26, *ST Zhengying recorded 10 limit-up days, resulting in a cumulative price increase of 60.28%. The company indicated that its estimated net asset value range has been significantly revised downward compared to previous disclosures, with the lower end of the range expected to be negative. This raises a significant delisting risk due to negative net assets. Additionally, the company faces a major delisting risk if it receives a non-standard audit opinion.