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ST Sete announced that on July 30, 2026, the company received the “Administrative Penalty Decision” issued by the Anhui Securities Regulatory Bureau. Due to false records in the 2021 and 2023 annual reports, the company was ordered to make corrections, give a warning, and fined 6 million yuan. Among them, the total inflated profit in 2021 was 36.3467 million yuan, accounting for 6.76% of the total disclosed profit; in 2023, the total profit was reduced by 17.3485 million yuan, accounting for 10.35% of the total disclosed profit for the current period.
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ST Sete announced that on July 30, 2026, the company received the “Administrative Penalty Decision” issued by the Anhui Securities Regulatory Bureau. Due to false records in the 2021 and 2023 annual reports, the company was ordered to make corrections, give a warning, and fined 6 million yuan. Among them, the total inflated profit in 2021 was 36.3467 million yuan, accounting for 6.76% of the total disclosed profit; in 2023, the total profit was reduced by 17.3485 million yuan, accounting for 10.35% of the total disclosed profit for the current period.
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