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ST Jihua announced that on July 29, 2026, the company and related parties received the “Administrative Penalty Decision” from the Securities Regulatory Commission. Due to false records in the 2018-2021 annual report, the company was ordered to make corrections, give a warning, and be fined 7 million yuan; Li Yiling and 13 other responsible persons were warned and fined 500,000 to 2.5 million yuan, totaling 12.9 million yuan. The company did not address major illegal and forced delisting situations, but other risk warning situations have been implemented for stocks. The company will correct errors and make retroactive adjustments to the financial accounting reports.
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ST Jihua announced that on July 29, 2026, the company and related parties received the “Administrative Penalty Decision” from the Securities Regulatory Commission. Due to false records in the 2018-2021 annual report, the company was ordered to make corrections, give a warning, and be fined 7 million yuan; Li Yiling and 13 other responsible persons were warned and fined 500,000 to 2.5 million yuan, totaling 12.9 million yuan. The company did not address major illegal and forced delisting situations, but other risk warning situations have been implemented for stocks. The company will correct errors and make retroactive adjustments to the financial accounting reports.
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