300081SZSE
🚨 Material Event

Announcement on Progress of Matters Regarding Company Stock Being Subject to Other Risk Warning

ST Hengxin Co., Ltd.··3 pages

✨ AI Summary

This announcement details the progress of regulatory actions against the company and its controlling shareholder for alleged information disclosure violations. The company received an administrative penalty decision and has corrected its 2022 annual report. It will apply to lift the risk warning after 12 months from the penalty decision date.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 300081

Securities Abbreviation: ST Hengxin

Announcement No.: 2026-053

Hengxin Oriental Culture Co., Ltd.

Announcement on Progress of Matters Regarding Company Stock Being Subject to Other Risk Warning

The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or material omissions.

Special Reminder:

  1. Hengxin Oriental Culture Co., Ltd. (hereinafter referred to as the "Company") and related parties received the "Notice of Prior Administrative Penalty" ([2026] No. 4) issued by the Beijing Regulatory Bureau of the China Securities Regulatory Commission (hereinafter referred to as the "Beijing CSRC") on April 3, 2026. On the same day, the Company disclosed the "Announcement on Receiving the 'Notice of Prior Administrative Penalty' from the Beijing Regulatory Bureau of the China Securities Regulatory Commission" (Announcement No.: 2026-016). According to Article 9.4, Item 7 of the "Shenzhen Stock Exchange GEM Stock Listing Rules," the Company's stock was subject to an other risk warning starting from April 8, 2026.

  2. The Company and related parties received the "Administrative Penalty Decision" ([2026] No. 2) issued by the Beijing CSRC on April 30, 2026. The facts determined in the "Administrative Penalty Decision" are consistent with the illegal and non-compliant acts involved in the "Notice of Prior Administrative Penalty." The Company's illegal and non-compliant acts in this instance do not constitute circumstances for mandatory delisting due to major violations as stipulated in Chapter Ten, Section Five of the "Shenzhen Stock Exchange GEM Stock Listing Rules."

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.