TVZone(SH:603721) Mei Ri Jing Ji Xin Wen·2025-09-16 06:24Core Viewpoint - The Shanghai Stock Exchange has criticized *ST Tianze and related responsible individuals for inaccurate disclosures regarding the company's annual performance, particularly concerning its revenue and potential delisting risks [1]. Group 1: Company Performance and Compliance - *ST Tianze's annual performance is a significant concern for investors, especially with a negative net profit and the potential for revenue to fall below 300 million yuan, which could trigger delisting risk warnings [1]. - The company failed to accurately disclose whether its revenue would be below 300 million yuan and did not provide adequate risk warnings regarding factors affecting revenue expectations [1]. - The actions of *ST Tianze violated multiple provisions of the Shanghai Stock Exchange's listing rules, leading to disciplinary actions against the company and its executives [1]. Group 2: Financial Data - For the year 2024, *ST Tianze's revenue composition was 97.87% from media and 2.13% from other businesses [2]. - As of the report date, *ST Tianze's market capitalization was 2.9 billion yuan [2].