Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2025
'Fighter Jet Among Mobile Phones' Bird Shares Becomes *ST After Non-Recurring Loss and Revenue Below RMB 300 Million
Ningbo Bird Co., Ltd. was subject to a financial delisting risk warning because its 2024 net profit after deducting non-recurring gains and losses was negative and its revenue after deduction was below RMB 300 million. From April 30, 2025, the stock was subject to delisting risk warning and its abbreviation changed to "*ST Bird". Impact and handling: the former domestic mobile phone leader fell into operational difficulties; in 2025 the company's revenue was RMB 470 million and net profit attributable to shareholders was RMB 5.2507 million, but its non-recurring-adjusted profit was still a loss of RMB 7.4781 million. The Shanghai Stock Exchange agreed on April 28, 2026 to remove the risk warning, and the stock reverted to "Bird Shares". Progress: regulatory measures. Entity involved: Ningbo Bird Co., Ltd. Related scope: Bird Shares listed company.