Tongtech(SZ:300379) Xin Lang Cai Jing·2025-09-12 10:28Core Viewpoint - *ST Dongtong has received a notice from the China Securities Regulatory Commission regarding potential major violations that could lead to mandatory delisting due to false disclosures in its financial reports from 2019 to 2022 and fraudulent issuance of stocks in 2022 [1] Summary by Relevant Sections - Company Announcement - The company announced that it has received an administrative penalty notice from the China Securities Regulatory Commission [1] - The notice indicates that the company’s financial reports from 2019 to 2022 contain false records [1] - The issuance of stocks to specific entities in 2022 is classified as fraudulent [1] - Regulatory Implications - The company may face mandatory delisting due to significant legal violations [1] - As a result, the company's stock will be subject to additional delisting risk warnings [1] - The stock will continue to be traded under the name "*ST Dongtong" with the code "300379" [1]