This announcement serves as a fifth risk warning regarding the potential termination of listing for Datang Gaohong Network Co., Ltd. due to its stock price being below 1 RMB for thirteen consecutive trading days. The company has received a prior notice of administrative penalty from the China Securities Regulatory Commission, indicating possible fraudulent issuance of shares. Investors are advised to be cautious of investment risks.
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Securities Code: 000851
Securities Abbreviation: *ST Gaohong
Announcement Number: 2025-124
Datang Gaohong Network Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
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