ST Park City (600766.SH) opened lower and closed by the limit. It is now quoted at 12.34 yuan, with a total market capitalization of less than 3 billion yuan. The company announced last night that the major asset restructuring was terminated and that it planned to sell a 51 per cent stake in Fengjin LiNeng for 610000 yuan and would not participate in the transfer of 51 per cent stake in Huafeng porcelain Mine. After more than half a year of planning, the story of cross-border lithium electricity in * ST Park City ended in failure. In addition, since the beginning of this year, * ST Park City has also experienced the failure of state-owned enterprises and disciplinary actions by the Shanghai Stock Exchange.