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*ST Sitong announced that the company received a warning letter from the Guangdong Securities Regulatory Bureau. After investigation, the company had problems with inaccurate revenue accounting for the first quarter report, semi-annual report, and third quarter report of 2025, and insufficient confirmation of asset impairment losses in 2025, and the disclosure of relevant reports was inaccurate. The Guangdong Securities Regulatory Bureau decided to take administrative supervision measures to order corrections against the company, and administrative supervision measures issued warning letters against Chairman Deng Jianhua, General Manager Cai Zhentong, and Financial Director Zhang Ping, requiring the relevant parties to submit the rectification report within 30 days from the date of receipt of the decision.
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*ST Sitong announced that the company received a warning letter from the Guangdong Securities Regulatory Bureau. After investigation, the company had problems with inaccurate revenue accounting for the first quarter report, semi-annual report, and third quarter report of 2025, and insufficient confirmation of asset impairment losses in 2025, and the disclosure of relevant reports was inaccurate. The Guangdong Securities Regulatory Bureau decided to take administrative supervision measures to order corrections against the company, and administrative supervision measures issued warning letters against Chairman Deng Jianhua, General Manager Cai Zhentong, and Financial Director Zhang Ping, requiring the relevant parties to submit the rectification report within 30 days from the date of receipt of the decision.
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