ST Xiwang (000639.SZ): Company shares are superimposed to implement other risk warnings

Zhitong Finance App News, ST Xiwang (000639.SZ) issued an announcement that the company issued a negative opinion on the “2025 Internal Control Audit Report” due to the auditing agency Beijing Zhongming Guocheng Certified Public Accountants (Special General Partnership). According to section 9.8.1 (4) of the “Shenzhen Stock Exchange Stock Listing Rules”, other risk warnings have been implemented on the company's shares since April 30, 2026. Shandong Xiwang Grain and Oil Trading Co., Ltd., a subsidiary of the company, paid more than normal operating prepayment requirements to the controlling shareholder's affiliate Xiwang Starch, which led to a situation where the controlling shareholder's related party occupied the listed company's capital. As of the date of disclosure of the announcement, the balance of non-operating capital occupied by Xiwang Starch was 130 million yuan.

Since the opening of the company's stock market on September 21, 2026, other risk warnings have been implemented in addition. The stock abbreviation is still “ST Xiwang”, the stock code is still “000639,” the daily rise and fall rate limit for the company's stock trading is still 10%, and trading of the company's stock has not been suspended.