Ge Long Hui A P P·2025-09-25 11:40Core Viewpoint - The company *ST Aowei has disclosed a significant governance issue involving its subsidiary, Wuxi Donghexin, where the chairman issued a guarantee without proper board approval, leading to potential financial and regulatory repercussions [1] Group 1: Governance and Compliance - The chairman of Wuxi Donghexin, Li Dong, issued a guarantee letter to Zhongcai Investment Group for a financing amount of 50 million yuan without the necessary approvals from the board or shareholders [1] - This action constitutes a violation of the company's internal governance procedures and disclosure obligations, as it bypassed required decision-making processes [1] Group 2: Financial Impact - The guarantee amount of 50 million yuan represents 18.55% of the company's most recent audited net assets attributable to shareholders [1] - The company’s stock will be subject to additional risk warnings starting from September 26, 2025, indicating potential financial instability [1] Group 3: Regulatory Actions - The company’s stock will continue to be traded under the name "*ST Aowei" with the same stock code "002231," and the daily price fluctuation limit remains at 5% [1] - The issuance of the guarantee and the subsequent regulatory actions highlight the importance of compliance with the Shenzhen Stock Exchange's listing rules [1]