*ST Zhuoran: Stock Closing Price First Drops Below 1 Yuan, Faces Possible Delisting

36Kr reports that *ST Zhuoran announced its stock closed at 0.96 yuan per share on October 12, 2026, with a total market value of 224 million yuan, marking the first time the closing price fell below 1 yuan. According to relevant regulations, if the company's closing price remains below 1 yuan for 20 consecutive trading days, the Shanghai Stock Exchange will decide to terminate its listing, constituting a mandatory delisting. Additionally, the company's stock market value has been below 300 million yuan for eight consecutive trading days.