Core Viewpoint - *ST Zitian has been ordered to delist from the Shenzhen Stock Exchange due to significant financial misconduct, including nearly 2.5 billion yuan in inflated revenue over the past two years, which constitutes 63.53% of its reported annual revenue for those years [5][7]. Group 1: Delisting Announcement - On September 5, *ST Zitian received a notice from the Shenzhen Stock Exchange regarding the termination of its stock listing [2]. - The company's stock will resume trading on September 15 and enter a delisting preparation period lasting 15 trading days, with the final trading date expected to be October 13 [2]. Group 2: Financial Misconduct - The company has been found to have false records in its financial reports, leading to a directive from the China Securities Regulatory Commission (CSRC) for rectification, which was not completed within the required timeframe [6]. - The CSRC's preliminary notice indicated that the company reported inflated revenues totaling nearly 2.5 billion yuan for the years 2022 and 2023 [7]. Group 3: Management Response - The company's general manager claimed to have been deceived by the financial director, who is a relative, regarding the company's financial practices [8][12]. - During the investigation, key personnel, including the chairman and general manager, evaded communication with regulatory authorities, which was deemed a serious obstruction of the investigation [9][14].
*ST紫天确定退市！公司拒接证监局电话 总经理“甩锅”表亲：我被他骗了
Mei Ri Jing Ji Xin Wen·2025-09-06 23:38