300301SZSE
🚨 Material Event

Announcement on Applying to Revoke Partial Risk Warnings for Company Stock Trading and Continuing to Implement Other Risk Warnings

ST Changfang Co., Ltd.··4 pages

✨ AI Summary

Shenzhen Changfang Group Co., Ltd. is applying to revoke certain risk warnings related to its stock trading due to administrative penalties, as the conditions have been met. However, the company will continue to be subject to other risk warnings due to ongoing issues, including negative net profit for three consecutive years and a qualified audit report. The application is subject to Shenzhen Stock Exchange approval.

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Full Translation

AI Translation· gemini_document

Securities Code: 300301

Securities Abbreviation: ST Changfang

Announcement No.: 2026-056

Shenzhen Changfang Group Co., Ltd.

Announcement on Applying to Revoke Partial Risk Warnings for Company Stock Trading and Continuing to Implement Other Risk Warnings

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Important Notice:

  1. Shenzhen Changfang Group Co., Ltd. (hereinafter referred to as the "Company" or "Changfang Group") has retrospectively restated its financial accounting reports for the relevant periods concerning the matters involved in the administrative penalty decision, and twelve months have passed since the date of the administrative penalty decision issued by the China Securities Regulatory Commission. Accordingly, upon review by the Company's Board of Directors, it has been agreed to apply to the Shenzhen Stock Exchange to revoke certain other risk warning measures implemented for the Company's stock trading.

  2. As of the date of this announcement, the reasons for the Company's previously implemented other risk warning measures have not been entirely eliminated. After the revocation of certain other risk warning measures for the Company's stock trading, other risk warning measures will continue to be implemented, and the Company's stock abbreviation and daily price fluctuation limit will remain unchanged.

  3. The Company's application to revoke certain other risk warning measures implemented for its stock trading is subject to review by the Shenzhen Stock Exchange. Whether the application will be approved by the Shenzhen Stock Exchange is uncertain, and the final revocation status will be subject to the Shenzhen Stock Exchange's review opinion. Investors are advised to pay attention to investment risks.

On July 20, 2026, the Company held the 19th meeting of the Fifth Board of Directors, which deliberated and approved the "Proposal on Applying to Revoke Partial Risk Warning Measures" and submitted an application to the Shenzhen Stock Exchange to revoke certain other risk warning measures. The specific situation is hereby announced as follows:

I. Situation Regarding the Implementation of Other Risk Warning Measures for the Company's Stock Trading

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