*ST恒立年报未按期披露，多位董事高管又“集体出走”

Core Viewpoint - *ST Hengli is facing significant challenges, including regulatory scrutiny and executive resignations, which may lead to potential delisting from the Shenzhen Stock Exchange due to failure to meet reporting requirements [1][2][3]. Group 1: Regulatory Actions - On May 6, 2025, *ST Hengli received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation due to the company's failure to disclose periodic reports within the stipulated timeframe [1]. - The CSRC has decided to initiate a case against *ST Hengli based on violations of the Securities Law and the Administrative Penalty Law of the People's Republic of China [1]. - The company has committed to cooperating with the CSRC's investigation and adhering to information disclosure obligations during the investigation period [1]. Group 2: Executive Changes - On the evening of May 7, 2025, *ST Hengli announced that several board members and executives submitted their resignation letters, citing personal reasons for their departure [2][3]. - Notable resignations include Liu Yahui, who stepped down from the board and various committee positions, and Zhang Donghua, who resigned as Vice President [3]. Group 3: Listing Status - *ST Hengli received a "Notice of Termination of Listing" from the Shenzhen Stock Exchange on May 7, 2025, due to the company's failure to disclose a majority of board members' guarantees of the annual report's accuracy within the legal timeframe [2]. - The company has been under delisting risk warning since May 6, 2024, following a negative audited net profit for the fiscal year 2023 and revenue below 100 million yuan [2]. - As of April 30, 2025, *ST Hengli had not disclosed the 2024 annual report or the Q1 2025 report, triggering the delisting rules [2]. Group 4: Investor Compensation - A legal team has opened a channel for affected investors to seek compensation, particularly those who purchased shares on or after May 6, 2025, and sold or still hold the stock thereafter [4]. - The compensation process is being organized, and investors can consult the legal team regarding eligibility and procedures for claims [4].