Zhitong Finance App News, ST Xiwang (000639.SZ) issued an announcement that the company issued a negative opinion on the “2025 Internal Control Audit Report” due to the auditing agency Beijing Zhongming Guocheng Certified Public Accountants (Special General Partnership). According to section 9.8.1 (4) of the “Shenzhen Stock Exchange Stock Listing Rules”, other risk warnings have been implemented on the company's shares since April 30, 2026. Shandong Xiwang Grain and Oil Trading Co., Ltd., a subsidiary of the company, paid more than normal operating prepayment requirements to the controlling shareholder's affiliate Xiwang Starch, which led to a situation where the controlling shareholder's related party occupied the listed company's capital. As of the date of disclosure of the announcement, the balance of non-operating capital occupied by Xiwang Starch was 130 million yuan.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.