The Shanghai Stock Exchange publicly reprimands *ST Xingnong and relevant responsible parties.

On March 30, Sina Finance reported that the Shanghai Stock Exchange publicly reprimanded Xingguang Agricultural Machinery Co., Ltd. and related responsible persons: the company's wholly-owned subsidiary Xingguang Zhiyuan engaged in false cotton harvesting, consulting services, and promotion services. The company inflated its operating income by 60.7274 million yuan in 2023, accounting for 19.69% of the disclosed operating income for the period; inflated total profit by 5.2895 million yuan, accounting for 9.77% of the absolute value of the disclosed total profit, resulting in false records in the annual report for 2023. On September 27, 2025, the company issued a public announcement on "Correction and Retroactive Adjustment of Previous Accounting Errors," making retroactive adjustments to the aforementioned issues.