Core 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]

Group 1 - Black Sesame has received a warning letter from the Guangxi Securities Regulatory Bureau due to non-operational fund occupation by its controlling shareholder and related parties [1] - The controlling shareholder, Guangxi Black Five Food Group Co., Ltd., and related parties have been found to occupy Black Sesame's funds without proper disclosure in temporary announcements and periodic reports [1] - Black Sesame has also violated external guarantee regulations by providing a guarantee for a loan of 505 million yuan to Nanning Children's Hospital without timely disclosure and necessary approval procedures [1] Group 2 - The Guangxi Securities Regulatory Bureau has taken administrative regulatory measures against the responsible individuals, including the former chairman and general manager, by issuing warning letters and recording them in the securities and futures market integrity archives [2] - The company has been found to have governance issues, including improper roles in shareholder meetings and lack of written records for board and supervisory meetings conducted via communication voting [1][2]