*ST高鸿面临重大违法退市及多重风险

Core Viewpoint - The company *ST Gao Hong has been identified by the China Securities Regulatory Commission (CSRC) for significant violations related to fraudulent issuance and false financial reporting, facing potential delisting and administrative penalties [1] Group 1 - The company has received a notice of administrative penalty from the CSRC due to major violations [1] - The company is at risk of forced delisting due to significant legal violations [1] - The company's stock price has been below 1 yuan for 12 consecutive trading days, increasing the risk of trading-related delisting [1]