Tongtech(SZ:300379) Ge Long Hui A P P·2025-09-15 05:44Core Viewpoint - *ST Dongtong (300379.SZ) has experienced a 20% drop limit, trading at 5.26 yuan, with a total market value of less than 3 billion yuan due to allegations of false financial reporting and potential forced delisting by the Shenzhen Stock Exchange [1] Group 1: Company Announcement - The company announced that it is under investigation by the China Securities Regulatory Commission (CSRC) for suspected false records in periodic reports [1] - On September 12, 2025, the company and related parties received a notice of administrative penalty from the CSRC [1] - The CSRC's findings indicate that the company’s reports from 2019 to 2022 contained false records, and the issuance of stocks to specific targets in 2022 constituted fraudulent issuance [1] Group 2: Regulatory Implications - The company may be subject to major illegal forced delisting as per the Shenzhen Stock Exchange's rules, specifically Article 10.5.1 and Article 10.5.2 [1] - The potential for forced delisting is based on the serious violations identified in the company's financial reporting [1]