diff --git a/archive/legacy_core/report.py b/archive/legacy_core/report.py
index 0c578dc..7a01de8 100644
--- a/archive/legacy_core/report.py
+++ b/archive/legacy_core/report.py
@@ -255,9 +255,7 @@ def _print_latest_signal(backtest_result: pd.DataFrame, code_list: list, code_na
             # 溢价率（只有当天有净值数据时才显示）
             premium = premium_data.get(idx_code)
             if premium is not None:
-                # 高溢价警告标记
-                warning = '⚠️' if premium > 0.02 else ''
-                premium_str = f'{premium:>+7.2%}{warning}'
+                premium_str = f'{premium:>+7.2%}'
             else:
                 premium_str = '      —'
 
@@ -297,8 +295,7 @@ def _print_latest_signal(backtest_result: pd.DataFrame, code_list: list, code_na
                 # 溢价率（只有当天有净值数据时才显示）
                 premium = premium_data.get(idx_code)
                 if premium is not None:
-                    warning = '⚠️' if premium > 0.02 else ''
-                    premium_str = f'{premium:>+7.2%}{warning}'
+                    premium_str = f'{premium:>+7.2%}'
                 else:
                     premium_str = '      —'
 
@@ -561,8 +558,7 @@ def _plot_report_chart(
             premium = premium_dict.get(idx_code)
             etf_close_str = f"{etf_close:.3f}" if etf_close is not None else "—"
             if premium is not None:
-                warning = "⚠️" if premium > 0.02 else ""
-                premium_str = f"{premium:+.2%}{warning}"
+                premium_str = f"{premium:+.2%}"
             else:
                 premium_str = "—"
 
@@ -596,8 +592,7 @@ def _plot_report_chart(
             premium = premium_dict.get(idx_code)
             etf_close_str = f"{etf_close:.3f}" if etf_close is not None else "—"
             if premium is not None:
-                warning = "⚠️" if premium > 0.02 else ""
-                premium_str = f"{premium:+.2%}{warning}"
+                premium_str = f"{premium:+.2%}"
             else:
                 premium_str = "—"