ST Wenfeng announced that the company was issued a negative opinion due to the 2025 internal control audit report, and other risk warnings for stocks will be implemented from April 30, 2026. At present, the company has taken measures and made progress on matters such as correction of accounting errors, procurement management, investment management, etc., such as completing traceability adjustments of statements, repurchasing whiskey from suppliers, collecting 152 million yuan in investment principal and 11.1876 million yuan in trust benefits. Furthermore, the company and controlling shareholders were investigated on July 17. If the internal control audit report for 2 consecutive fiscal years is denied or unable to express an opinion, the stock will be subject to a delisting risk warning.

ST Wenfeng announced that the company was issued a negative opinion due to the 2025 internal control audit report, and other risk warnings for stocks will be implemented from April 30, 2026. At present, the company has taken measures and made progress on matters such as correction of accounting errors, procurement management, investment management, etc., such as completing traceability adjustments of statements, repurchasing whiskey from suppliers, collecting 152 million yuan in investment principal and 11.1876 million yuan in trust benefits. Furthermore, the company and controlling shareholders were investigated on July 17. If the internal control audit report for 2 consecutive fiscal years is denied or unable to express an opinion, the stock will be subject to a delisting risk warning.