CTM(SH:600711) Shang Hai Zheng Quan Bao·2025-08-12 20:30Core Viewpoint - The company, Shengtun Mining Group Co., Ltd., has successfully applied to revoke the other risk warning on its stock, transitioning from "ST Shengtun" to "Shengtun Mining" effective August 14, 2025, following a thorough self-inspection and compliance with relevant regulations [2][5][8]. Group 1: Stock Suspension and Resumption - The stock was suspended for one day on August 13, 2025, and will resume trading on August 14, 2025, with the stock name changing from "ST Shengtun" to "Shengtun Mining" while retaining the same stock code of "600711" [5][8]. - The revocation of the risk warning is based on the company's compliance with the Shanghai Stock Exchange's regulations, confirming that it no longer meets the criteria for such warnings [3][7]. Group 2: Administrative Penalties and Financial Adjustments - The company has completed a retrospective adjustment of its financial statements for the years 2021 and 2022, following an administrative penalty decision from the China Securities Regulatory Commission (CSRC) received on August 5, 2024 [4][6]. - The company has adequately accounted for potential liabilities related to investor claims, estimating a provision of 2 million yuan based on professional assessments [7]. Group 3: Compliance and Regulatory Framework - The company conducted a self-assessment in accordance with the revised Shanghai Stock Exchange listing rules and confirmed that it meets the conditions for revoking the risk warning [3][7]. - The CSRC's administrative penalty decision has been in effect for over 12 months, allowing the company to apply for the revocation of the risk warning [4].