ST Dongtong: The company may face significant illegal delisting.

date
12/09/2025
*ST Dongtong Announcement: Due to suspected false records of financial data in periodic reports, the company was filed by the China Securities Regulatory Commission on April 14, 2025. On September 12, 2025, the company and relevant parties received the "Notice of Administrative Penalty Advance" issued by the China Securities Regulatory Commission. Based on the facts identified in the "Notice of Advance", the company's reports from 2019 to 2022 contained false records, and the issuance of shares to specific parties in 2022 constituted fraudulent issuance. The company may trigger the circumstances of mandatory delisting for major violations as stipulated in Article 10.5.1 and the first item of Article 10.5.2 of the Shenzhen Stock Exchange Growth Enterprise Board Listing Rules and may be subject to major violations mandatory delisting.