停牌！603595，将被“ST”

Core Viewpoint - Dongni Electronics will be subject to delisting risk warning starting from October 31, 2023, due to receiving an administrative penalty notice from the Zhejiang Securities Regulatory Bureau, resulting in a change of stock abbreviation to ST Dongni and a daily price fluctuation limit of 5% [2][8]. Group 1: Administrative Penalty and Stock Suspension - Dongni Electronics received an administrative penalty notice on October 29, 2023, indicating violations related to timely disclosure of significant contract progress and false records in financial reports for 2022 and 2023 [5][6]. - The company will be suspended from trading for one day starting October 30, 2023, with the stock price closing at 22.81 yuan per share and a total market value of 5.302 billion yuan as of October 29, 2023 [2][5]. Group 2: Contractual and Financial Reporting Issues - Dongni Semiconductor, a subsidiary of Dongni Electronics, signed a procurement contract worth 675 million yuan with Guangdong Tianyu Semiconductor, which accounted for 51.84% of Dongni Electronics' latest audited main business income. However, as of the end of October 2023, only 6.74% of the contract delivery had been completed [5][6]. - The 2022 annual report and the 2023 semi-annual report of Dongni Electronics inflated total profits by 38.63% and 70.95%, respectively, amounting to 38.7759 million yuan and 72.2779 million yuan [7].