突发公告！严重财务造假，终止上市

Core Viewpoint - *ST Zitian's stock will be delisted from the Shenzhen Stock Exchange due to failure to rectify false financial reporting as mandated by the China Securities Regulatory Commission [1][5][6] Group 1: Delisting Announcement - The Shenzhen Stock Exchange has decided to terminate the listing of *ST Zitian's stock, with trading resuming on September 15 and entering a delisting preparation period of 15 trading days, expected to end on October 13 [1][5] - After the delisting preparation period, the stock will be delisted on the next trading day [1][5] Group 2: Financial Misconduct - *ST Zitian has been found to have inflated revenue by a total of 2.499 billion yuan over two consecutive years, with fraudulent activities reported in three periodic reports [6][8] - In the 2022 annual report, the company falsely reported internet advertising fees and SMS service revenues, inflating revenue by 778 million yuan, which accounted for 44.59% of annual revenue, and profit by 85 million yuan, representing 35.99% of total profit [8] - In the 2023 semi-annual report, the company prematurely recognized revenue of 207 million yuan from cloud services that had not commenced, inflating revenue by 14.56% and profit by 51.64% [8]