Core Viewpoint - Fujian Zitian Media Technology Co., Ltd. (Zitian Technology) is facing severe financial and operational issues, including allegations of financial fraud, lack of communication with regulatory bodies, and a complete absence of its executive team, leading to a risk of delisting from the stock market [2][5][8]. Financial Issues - Zitian Technology reported a significant loss of 1.21 billion yuan in its 2023 annual report, contrasting sharply with a profit of 206 million yuan reported in the first three quarters of the same year [6][11]. - The company has been under scrutiny for its financial practices, including the premature recognition of revenue, which inflated its reported income [11]. Regulatory Challenges - The company has been subject to multiple inquiries and warnings from the Shenzhen Stock Exchange and the Fujian Securities Regulatory Bureau due to discrepancies in its financial reporting and lack of timely responses to regulatory questions [7][8]. - Zitian Technology has failed to appoint an auditing firm or submit a rectification report to the Fujian Securities Regulatory Bureau, which could lead to its stock being delisted if not addressed within the stipulated timeframe [5][9]. Operational Status - The company's official website is currently inaccessible, and its office appears to be abandoned, indicating a severe operational breakdown [4][8]. - The executive team has been largely unresponsive, with reports of them avoiding communication with both investors and regulatory authorities [7][9]. Market Performance - Zitian Technology's stock price plummeted approximately 62.60%, from 22.27 yuan per share to 8.33 yuan per share, between January 2 and March 17, 2025 [13]. - The company was once a popular stock in the A-share market, benefiting from trends in internet marketing and gaming, but has since faced a dramatic decline in investor confidence [4][10]. Shareholder Impact - As of the third quarter of 2024, Zitian Technology had approximately 33,000 shareholders, many of whom are now expressing frustration over their inability to exit their investments due to the company's ongoing suspension from trading [14][15].

证券代码：300280 证券简称：*ST紫天 公告编号：2025-024 福建紫天传媒科技股份有限公司 关于公司股票停牌的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 重要提示： 牌。 二、后续影响 1、公司未能在要求期限内完成整改，根据《深圳证券交易所创业板股票上市规 则》的规定：公司股票已于 2025 年 5 月 20 日起实施退市风险警示。若公司股票交 易被实施退市风险警示之日起的两个月内仍未完成整改的，公司股票可能会被终止 上市。 2、因公司未能在法定期限内披露年度报告，公司股票自 2025 年 5 月 6 日起继 续停牌，若停牌后两个月内仍未披露年度报告，预计公司股票 2025 年 7 月 7 日复牌。 三、其他风险提示 1、福建紫天传媒科技股份有限公司(以下简称"公司")于2025年2月14日收到 中国证券监督管理委员会福建监管局（以下简称"福建证监局"）出具的《关于对 福建紫天传媒科技股份有限公司采取责令改正措施的决定》（〔2025〕7号，以下 简称"《决定书》"）。因公司财务会计报告存在虚假记载，福建证监局责令公司 自收到决定书之日 ...

财务报告方面，2022年年报中8.97亿元预付账款存在异常，其中子公司福州缘笙科技对福建省海峡星云 信息科技有限公司的8.12亿元预付款，对方截至当年12月31日未收到；2023年年报将该款项转列存货， 但缺乏原始单据、进项税发票等凭证。2022-2023年，公司通过无实质短信发送业务、核算方式错误的 互联网广告业务、提前确认收入的"云计算服务"业务虚增营业收入。此外，公司（含子公司）涉及超3 亿元合同纠纷、民间借贷纠纷诉讼及仲裁案件，未依法及时披露。 2025年5月7日，福建紫天传媒科技股份有限公司（以下简称"*ST紫天"，300280）于2025年5月6日收到 中国证券监督管理委员会（以下简称"中国证监会"）下发的《立案告知书》（证监立案字0262025004 号），因公司未按规定期限披露定期报告，根据《中华人民共和国证券法》《中华人民共和国行政处罚 法》等法律法规，中国证监会决定对公司进行立案。 随后，*ST紫天于2025年2月14日收到中国证券监督管理委员会福建监管局（以下简称"福建证监局"） 出具的《关于对福建紫天传媒科技股份有限公司采取责令改正措施的决定》。因公司财务会计报告存在 虚假记载，福建证 ...

Summary of Key Points Core Insights - The report highlights the upcoming listings and trading activities of several companies on May 19, 2025, indicating a busy market day with multiple new entries [1][2][3]. Upcoming Listings - Company 001390 Guqi Fur Material will be available for online subscription on May 19, 2025 [1]. - Companies 301595 N Taili and 603014 N Weigao will officially list on the same day, with allocations for general institutional investors [1]. - Company 920060 Wanyuantong will also list on May 19, 2025, specifically for the public portion [1]. Suspension Announcements - Company 002092 ST Zhongtai and 002259 ST Shengda will be suspended for one day due to the announcement of the withdrawal of other risk warnings [2]. - The Invesco Great Wall S&P Consumer Select ETF (QDII) and Guotai S&P 500 ETF will also be suspended until 10:30 AM on May 19, 2025, to protect investor interests [2]. - Company 300506 *ST Mingjia will be suspended for one day following the announcement of the withdrawal of delisting risk warnings [2]. Special Suspensions - Company 000151 Zhongcheng Co. will be suspended due to plans for issuing shares to acquire assets and raise matching funds, effective from May 16, 2025 [3]. - Company 000584 *ST Gongzhi and 000622 *ST Hengli will also face suspensions due to potential delisting risks and failure to disclose periodic reports within the legal timeframe [3]. - Company 002336 *ST Renle will be suspended for one day due to the announcement of potential delisting risks [3].

Group 1: Stock Trading Anomalies - Chengfei Integration reported severe abnormal stock fluctuations, indicating a potential market sentiment overheating, with 96.91% of revenue from automotive parts and tooling, and only 1.74% from aerospace components [3] - Lijun Co. noted short-term market sentiment overheating in its stock, attributed to increased attention on military aircraft-related stocks due to geopolitical changes [4][5] - Yuzhong A stated that its stock has seen significant short-term gains, but there have been no major changes in its operational environment [8] Group 2: Risk Warnings and Suspensions - Zitian Technology received a delisting risk warning due to false financial reporting, with a deadline for rectification that was not met, leading to a potential delisting [6] - ST Mingjia announced the removal of its delisting risk warning but will continue to face other risk warnings, with a temporary suspension of trading [7] - ST Shengda's stock will be suspended for one day before resuming trading after the removal of other risk warnings [11] Group 3: Mergers and Acquisitions - Guangyang Co. is planning to acquire 100% of Ningbo Yinqiu Technology, leading to a suspension of its stock trading [9] - Electric Power Investment is also planning to acquire shares in Baiyin Hua Coal Power, with its stock set to resume trading [10] Group 4: Shareholder Reductions - Ruiling Co.'s controlling shareholder plans to reduce its stake by up to 3%, with specific figures provided for individual executives [13] - New Meixing's controlling shareholder intends to reduce its stake by up to 3% as well [14] - Yujian Intelligent's actual controllers plan to collectively reduce their stake by up to 2.99% [15] Group 5: Major Contracts - Qunxing Toys announced a 113 million yuan contract with Tencent for providing computing power services [23]

福建紫天传媒科技股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 重要提示： 中国证券监督管理委员会福建监管局（以下简称"福建证监局"）出具的《关于对 福建紫天传媒科技股份有限公司采取责令改正措施的决定》〔2025〕7号（以下简 称"《决定书》"）。因公司财务会计报告存在虚假记载，福建证监局责令公司自 收到决定书之日起30日内对相关年度报告进行更正并经会计师事务所全面审计。公 司未在责令改正期限内完成整改，公司股票自2025年3月17日起停牌，截至2025年5 月16日，停牌两个月限期届满，公司仍未按要求完成整改，根据《深圳证券交易所 创业板股票上市规则》的相关规定，公司股票将被实施退市风险警示。 易被实施退市风险警示之日起的两个月内仍未完成整改的，公司股票可能会被终止 上市。 停牌，若停牌后两个月内仍未披露年度报告，预计公司股票2025年7月7日复牌。 一、股票种类、股票简称、股票代码以及被实施退市风险警示的起始日 自2025年5月6日起继续停牌，停牌时间不超过2个月，预计复牌时间为2025年7月7 日。 证券代码：300280 证券简称：紫天科 ...

证券代码：300280 证券简称：紫天科技 公告编号：2025-023 福建紫天传媒科技股份有限公司 1、公司股票种类：人民币普通股（A股）； 2、股票简称：由"紫天科技"变更为"*ST紫天"； 关于公司股票交易被实施退市风险警示暨股票停牌的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 重要提示： 1、福建紫天传媒科技股份有限公司(以下简称"公司")于2025年2月14日收到 中国证券监督管理委员会福建监管局（以下简称"福建证监局"）出具的《关于对 福建紫天传媒科技股份有限公司采取责令改正措施的决定》〔2025〕7号（以下简 称"《决定书》"）。因公司财务会计报告存在虚假记载，福建证监局责令公司自 收到决定书之日起30日内对相关年度报告进行更正并经会计师事务所全面审计。公 司未在责令改正期限内完成整改，公司股票自2025年3月17日起停牌，截至2025年5 月16日，停牌两个月限期届满，公司仍未按要求完成整改，根据《深圳证券交易所 创业板股票上市规则》的相关规定，公司股票将被实施退市风险警示。 2、根据《深圳证券交易所创业板股票上市规则》的相关规定：若 ...

Summary of Key Points Core Viewpoint - As of May 16, there are 23 A-share stocks suspended from trading in the market, accounting for 0.50% of the total A-shares [2][3]. Suspension Details - The longest suspension period is for Zhitian Technology, which has been suspended for 41 days due to failure to complete rectification within the mandated timeframe [3]. - Other notable suspensions include Yulong Co. and AVIC Capital, with 33 days and 28 days of suspension respectively [3]. - The distribution of suspension days is as follows: 2 stocks suspended for 30-100 days, 10 stocks for 10-30 days, and 11 stocks for less than 10 days [3]. List of Suspended Stocks - A detailed list of suspended stocks includes: - Zhitian Technology (41 days, Media sector) - Yulong Co. (33 days, Non-ferrous Metals sector) - AVIC Capital (28 days, Financial sector) - Other stocks with varying suspension reasons, including potential delisting and failure to disclose reports [3][4].

证券代码：300280 证券简称：紫天科技 公告编号：2025-022 福建紫天传媒科技股份有限公司 关于无法在责令改正期限内完成整改暨股票停牌的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 重要提示： 1、福建紫天传媒科技股份有限公司(以下简称"公司")于2025年2月14日收到 中国证券监督管理委员会福建监管局（以下简称"福建证监局"）出具的《关于对 福建紫天传媒科技股份有限公司采取责令改正措施的决定》（〔2025〕7号，以下 简称"《决定书》"）。因公司财务会计报告存在虚假记载，福建证监局责令公司 自收到决定书之日起30日内对相关年度报告进行更正并经会计师事务所全面审计。 截至目前，公司尚未聘请具备证券、期货相关业务资格的会计师事务所，也未向福 建证监局提交整改报告。 司尚未聘请具备证券、期货相关业务资格的会计师事务所，也未向福建证监局提交 整改报告。 二、后续影响 责令整改期限于 2025 年 3 月 16 日届满。公司未能在要求期限内完成整改，根 据《深圳证券交易所创业板股票上市规则》的规定：公司股票已于 2025 年 3 月 17 日开 ...

紫天科技原计划于4月23日披露2024年年度报告与2025年第一季度报告，然而直至4月30 日法定期限截止，相关财报仍未披露。未能在规定时间内完成审计 工作，根源在于其未聘请年审会计师。 4月14日，紫天科技收到亚泰国际发来的《通知函》，其中表明，截至4月11日，紫天科技既未与亚泰国际签订2024年度审计业务约定书，还欠付2023年度审 计费用，因此亚泰国际不再与紫天科技洽谈2024年年审合作事宜。 其实，紫天科技在年报披露问题上并非首次出现状况。2024年3月，紫天科技董事会便拟续聘亚泰国际为2024年度财务报告的审计机构，且该提案在股东大 会上获得通过。但直至2025年4月，相关签约事宜仍未落实。 此外，紫天科技还面临其他监管问题。2025年2月14日，紫天科技收到福建证监局出具的《决定书》，因其财务会计报告存在虚假记载，福建证监局责令其 在收到决定书之日起30日内对相关年度报告进行更正，并需经会计师事务所全面审计。2024年9月6日，因涉嫌信息披露违法违规，紫天科技已被中国证监会 立案调查，相关案件至今仍在调查进程中。 根据《深圳证券交易所创业板股票上市规则》，若紫天科技未能在法定期限内披露年度报告，股 ...