Core Points - *ST Zitian has received a decision from the Shenzhen Stock Exchange to terminate its stock listing due to financial reporting issues [1][5] - The stock will resume trading on September 15 and enter a delisting preparation period lasting 15 trading days, with the expected last trading day on October 13 [1] - Following the delisting preparation period, the stock will be delisted from the exchange [1][2] Financial Reporting Issues - The company was found to have false records in its financial accounting reports, leading to a directive from the China Securities Regulatory Commission (CSRC) for rectification, which was not completed within the required timeframe [5] - *ST Zitian has cumulatively inflated its revenue by 2.499 billion yuan over two consecutive years, with fraudulent activities identified in three periodic reports [5]
突发公告!财务造假,终止上市