ST东通：因财务造假触及退市情形，股票自11月26日起停牌

Core Viewpoint - The company, Dongfang Tong, has been penalized by the Beijing Securities Regulatory Bureau for false reporting in its annual reports from 2019 to 2022, which includes fraudulent financial data in its 2022 private placement documents, leading to potential delisting risks [1] Group 1 - The company received an administrative penalty decision on November 25, 2025, from the Beijing Securities Regulatory Bureau [1] - The identified issues include false records in annual reports and fraudulent issuance related to the 2022 private placement [1] - The company's stock was suspended from trading starting November 26, 2025, due to these violations [1] Group 2 - If a delisting decision is made, the company will resume trading five trading days after the announcement and enter a 15-day delisting preparation period [1] - Upon completion of the delisting preparation period, the company's shares will be removed from trading [1] - The company plans to transfer its stock to the national equity transfer system for further trading options [1]