Lifan Technology Co., Ltd.
Announcement
Securities Code: 300344
Securities Abbreviation: *ST Lifan
Announcement Number: 2026-028
Announcement of Resolutions from the First Extraordinary Shareholders' Meeting of 2026
Special Risk Warning:
- Lifan Technology Co., Ltd. (hereinafter referred to as "the Company" or "Lifan Technology") received the "Administrative Penalty Decision" ([2026] No. 1) issued by the Anhui Regulatory Bureau of the China Securities Regulatory Commission on February 14, 2026. According to the contents of the "Decision," the Company was found to have inflated operating income and costs through agency business, financing trade, and false trade. The annual reports for 2021, 2022, and 2023 contained false records, with a total inflated operating income of 591,582,002.31 yuan, accounting for 50.91% of the total disclosed annual operating income for those two years. The Company is at risk of being delisted under the Shenzhen Stock Exchange's GEM Listing Rules due to significant violations. Investors are advised to be cautious of investment risks.
- On February 14, 2026, the Company received a "Pre-Notice" (GEM Letter [2026] No. 70) from the Shenzhen Stock Exchange, proposing to terminate the Company's stock listing.
Special Reminder:
- This shareholders' meeting was held using a combination of on-site voting and online voting.
- This meeting did not involve changes to previous resolutions.
- There were no rejected proposals at this meeting.
I. Meeting Convening
The Company and all members of the Board of Directors ensure that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.