GOHIGH(SZ:000851) Xin Lang Cai Jing·2025-08-08 11:07Core Viewpoint - The company *ST Gao Hong is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, which may lead to significant penalties including potential delisting of its stock [1] Group 1: Investigation and Allegations - The company has received an administrative penalty notice from the CSRC regarding its 2020 non-public stock issuance, which is deemed fraudulent [1] - Annual reports from 2015 to 2023 are reported to contain false records, potentially triggering major violations that could result in mandatory delisting [1] Group 2: Company Response - The company has stated it will fully cooperate with the CSRC's investigation and will strictly adhere to information disclosure obligations [1]