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*ST Yuandao announced that the company was administratively punished by the China Securities Regulatory Commission for inflating revenue from 2019 to 2021 through fictional workload certificates, etc., and fabricating major false content in securities issuance documents, touching on the termination of listing in connection with GEM's major illegal and forced delisting. The company received an advance notice from the Shenzhen Stock Exchange that it intends to terminate the stock listing. Trading of the company's shares has been suspended since the opening of the market on August 31, 2026. In addition, due to the 2025 profit distribution adjustment, the company has been subject to other risk warning situations, and stocks have been subject to other risk warnings since June 29, 2026.

Zhitongcaijing·08/31/2026 10:09:17
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*ST Yuandao announced that the company was administratively punished by the China Securities Regulatory Commission for inflating revenue from 2019 to 2021 through fictional workload certificates, etc., and fabricating major false content in securities issuance documents, touching on the termination of listing in connection with GEM's major illegal and forced delisting. The company received an advance notice from the Shenzhen Stock Exchange that it intends to terminate the stock listing. Trading of the company's shares has been suspended since the opening of the market on August 31, 2026. In addition, due to the 2025 profit distribution adjustment, the company has been subject to other risk warning situations, and stocks have been subject to other risk warnings since June 29, 2026.