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Although the overall trend of A-shares is still stable and bull stocks emerge one after another, investors must remain vigilant, be familiar with the risks behind them and adjust their investment strategies in time.In recent years, the supervision of the A-share market has been continuously strengthened. According to the securities law, the stock exchange has the right to give a risk warning to the company when it commits major violations of laws and regulations. This risk warning is usually presented to the public in the form of ST, aiming at reminding investors of potential investment risks. Statistics show that the number of companies that have been ST or *ST reached 76 during the year, setting a record high. Many of these companies have been investigated by regulators for financial fraud or insider trading.*ST Zhuo Lang: Touching a major violation of the law, facing mandatory delisting.

Funeng Oriental: Recently, it was put on file by the CSRC.*ST Zhuo Lang: Touching a major violation of the law, facing mandatory delisting.Today, with the ups and downs of the A-share market, the sudden ST of Zhiyun shares has aroused widespread concern among investors. The stock of this technology company has been subject to other risk warnings since December 12, because the company has false records in its 2022 annual report. As soon as the news came out, it directly fell to the limit on the day of resumption of trading, with a drop of 20%. This incident is not only amazing, but also leads to deeper thinking on ST stock.

Investment is risky, especially in the ever-changing capital market, which may face sudden risks at any time. Only by establishing a good investment mentality and choosing carefully can we move forward steadily.In recent years, the supervision of the A-share market has been continuously strengthened. According to the securities law, the stock exchange has the right to give a risk warning to the company when it commits major violations of laws and regulations. This risk warning is usually presented to the public in the form of ST, aiming at reminding investors of potential investment risks. Statistics show that the number of companies that have been ST or *ST reached 76 during the year, setting a record high. Many of these companies have been investigated by regulators for financial fraud or insider trading.Today, with the ups and downs of the A-share market, the sudden ST of Zhiyun shares has aroused widespread concern among investors. The stock of this technology company has been subject to other risk warnings since December 12, because the company has false records in its 2022 annual report. As soon as the news came out, it directly fell to the limit on the day of resumption of trading, with a drop of 20%. This incident is not only amazing, but also leads to deeper thinking on ST stock.