ST Dongtong (300379.SZ) may face forced delisting due to significant violation of laws.
Zhixin Financial News App, *ST Dongtong (300379.SZ) announced that on September 12, 2025, the company received a "Pre-penalty Notification" letter issued by the China Securities Regulatory Commission. Based on the facts identified in the "Notification Letter", it was determined that the company's financial reports from 2019 to 2022 contained false information. The company may potentially fall under the circumstances of mandatory delisting stipulated in Article 10.5.1 (i) and Article 10.5.2 (vi) of the Shenzhen Stock Exchange GEM Listing Rules, which include "false information in the annual financial indicators disclosed by the company for three consecutive years as specified in the administrative penalty decision of the China Securities Regulatory Commission, including operating income, total profit, net profit, assets or liabilities in the balance sheet (applies to false information activities from 2020 onwards)". This may result in the implementation of a major violation of mandatory delisting.
Latest
4 m ago