Core Viewpoint - The company faces a significant risk of being forcibly delisted due to major legal violations, as it has been under investigation by the China Securities Regulatory Commission (CSRC) since December 4, 2024, for suspected information disclosure violations [2][3]. Group 1: Investigation and Delisting Risk - The company received a notice from the CSRC on June 13, 2025, indicating that it may be subject to forced delisting due to major violations as per the Beijing Stock Exchange listing rules [2][3]. - The company has issued multiple risk warning announcements regarding the potential for forced delisting, with the first warning issued on June 13, 2025, and subsequent warnings issued on June 23, June 25, July 4, July 11, July 18, July 25, August 1, August 8, August 15, and August 22, 2025 [3][4][5][6]. Group 2: Compliance and Future Actions - The company has not planned any major restructuring activities, such as debt restructuring, asset injection, or strategic investments, and advises investors to be cautious of stock price speculation risks [3][6]. - The company will cooperate fully with the CSRC and adhere to disclosure obligations while awaiting formal penalties related to the investigation [6].
*ST广道: 关于公司股票可能被实施重大违法强制退市的第十二次风险提示公告