300020SZSE
🚨 Material Event

Announcement on Progress of Matters Regarding the Company's Stock Being Subject to Other Risk Warnings

ST Yinjian Co., Ltd.··3 pages

✨ AI Summary

This announcement details the company's stock being subject to other risk warnings due to violations of information disclosure regarding guarantees and continuous losses. The company is implementing rectification measures, including strengthening internal controls and negotiating with creditors to resolve outstanding guarantee issues. The stock has been subject to additional risk warnings since April 16, 2025, and will continue to be monitored.

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Full Translation

AI Translation· gemini_document

Securities Code: 300020

Securities Abbreviation: ST Yinjiang

Announcement No.: 2026-039

Yinjiang Technology Co., Ltd.

Announcement on Progress of Matters Regarding the Company's Stock Being Subject to Other Risk Warnings

The company and the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or material omissions.

Special Reminder:

As of the disclosure date of this announcement, the company's outstanding illegal guarantee balance is RMB 236 million, and the related guarantee matters have not yet been resolved. Investors are advised to pay attention to investment risks.

I. Specifics of Being Subject to Other Risk Warnings

  1. On April 15, 2025, the company and relevant personnel received the "Notice of Prior Administrative Penalty" (Zhejiang Penalty [2025] No. 5) from the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission, and on April 21, 2025, received the "Administrative Penalty Decision" ([2025] No. 15) from the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission. According to Article 9.4, Item (VII) of Chapter 9 of the "Shenzhen Stock Exchange ChiNext Stock Listing Rules" on Risk Warnings, the company's stock will be subject to additional other risk warnings from April 16, 2025. For details, please refer to the "Announcement on the Company's Stock Being Subject to Additional Other Risk Warnings" (2025-023) disclosed by the company on April 15, 2025.

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