Securities Code: 000836
Securities Abbreviation: ST Futong
Announcement Number: 2024-036
Tianjin Futong Information Technology Co., Ltd. announces abnormal fluctuations in its stock trading. The company and its board of directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Risk Warning:
- On April 30, 2024, the company disclosed its 2023 annual report and the announcement regarding the correction of prior accounting errors. The auditing agency issued a qualified opinion regarding significant uncertainties related to going concern and a negative opinion on the internal control audit report for 2023. Due to the negative opinion on the internal control audit report, according to Article 9.8.1 (4) of the Shenzhen Stock Exchange Listing Rules, the company's stock will be subject to other risk warnings starting from May 6, 2024, with the stock abbreviation changing from "Futong Information" to "ST Futong." Details can be found in the company's related announcements.
- The controlling shareholder, Zhejiang Futong Technology Group Co., Ltd. (hereinafter referred to as "Futong Technology"), has had 144,037,223 shares judicially frozen, accounting for 100% of its holdings in the company and 11.92% of the company's total share capital. Specific details can be found in the company's related announcements.
- The 7,320,000 unrestricted circulating shares held by the controlling shareholder will be publicly auctioned on the Taobao judicial auction platform from 10:00 on May 20, 2024, to 10:00 on May 21, 2024 (excluding delays), with the auction result having failed. The unsold shares will be re-auctioned from 10:00 on June 6, 2024, to 10:00 on June 7, 2024 (excluding delays). Additionally, 5,000,000 unrestricted circulating shares held by Futong Technology will be re-auctioned by the People's Court of Jianxi District, Luoyang City, Henan Province, from 10:00 on May 30, 2024, to 10:00 on May 31, 2024 (excluding delays). Specific details can be found in the company's related announcements.