Asia Link Technology(SZ:002316) Zheng Quan Zhi Xing·2025-08-25 17:27Core Viewpoint - Jilin Yalian Development Technology Co., Ltd. has successfully applied to revoke the other risk warning on its stock, changing its name from "ST Yalian" to "Yalian Development" and increasing the daily price fluctuation limit from 5% to 10% starting August 27, 2025 [1][7]. Stock Trading and Suspension - The company's stock trading will be suspended for one day starting August 26, 2025, and will resume on August 27, 2025 [1]. - The stock code remains unchanged at "002316" [1]. Background of Risk Warning - The company received an administrative penalty notice from the China Securities Regulatory Commission (CSRC) on August 5, 2024, due to false financial disclosures in its annual report [2]. - The stock was placed under other risk warnings and renamed from "Yalian Development" to "ST Yalian" starting August 6, 2024 [2]. Conditions for Revocation of Risk Warning - The company has rectified the accounting errors mentioned in the administrative penalty and has published a report confirming the corrections [3]. - It has been over twelve months since the CSRC issued the administrative penalty decision [3]. Compliance with Regulations - The company conducted a thorough self-inspection and confirmed that it does not meet any conditions for further risk warnings as per the Shenzhen Stock Exchange regulations [4][5]. - The company has not received any litigation materials related to investor claims that would require the provision of expected liabilities [7]. Approval of Revocation Application - The application to revoke the other risk warning has been approved by the Shenzhen Stock Exchange, allowing the company to proceed with the changes to its stock trading status [7].