300020SZSE
🚨 Material Event

Progress Announcement Regarding Company 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 financial performance. The company has accumulated overdue guarantees of RMB 2.36 billion. It is implementing corrective measures and seeking to resolve debt issues, with ongoing efforts to lift the risk warnings.

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Full Translation

AI Translation· gemini_document

Stock Code: 300020

Stock Abbreviation: ST Yinjiang

Announcement No.: 2026-044

Yinjiang Technology Co., Ltd.

Progress Announcement Regarding Company Stock Being Subject to Other Risk Warnings

The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.

Special Reminder:

As of the disclosure date of this announcement, the company's outstanding non-compliant guarantees amount to 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" (Zhejiang Penalty [2025] No. 15) from the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission. In accordance with Article 9.4, Paragraph (VII) of Chapter 9 of the "Shenzhen Stock Exchange ChiNext Stock Listing Rules," the Company's stock will be subject to an additional other risk warning starting 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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