300379SZSE

Announcement on the Possible Implementation of Major Illegal Forced Delisting of the Company's Stock - Eighth Risk Warning

Dongtong Retreat Co., Ltd.··2 pages

✨ AI Summary

Beijing Orient Technology Co., Ltd. warns investors about the potential forced delisting of its stock due to alleged financial misreporting. The company is under investigation by the China Securities Regulatory Commission (CSRC) since April 14, 2025, and received a notice of administrative penalty on September 12, 2025. If found guilty, the company's stock may be terminated from listing.

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Full Translation

AI Translation· azure_openai

Beijing Orient Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or major omissions.

Special Reminder:

  1. The Company is under investigation by the China Securities Regulatory Commission (CSRC) for suspected false records in periodic reports and other financial data since April 14, 2025. On September 12, 2025, the Company received the "Notice of Administrative Penalty" from the CSRC. According to the facts established in the Notice, the Company’s annual reports from 2019 to 2022 contain false records, and the issuance of shares to specific objects in 2022 constitutes fraudulent issuance. The Company may be subject to major illegal forced delisting as per Article 10.5.1 (1) and Article 10.5.2 (6) of the Shenzhen Stock Exchange GEM Listing Rules.

  2. According to the Shenzhen Stock Exchange GEM Listing Rules, if the formal penalty decision concludes that the Company is subject to major illegal forced delisting, the Company's stock will be terminated from listing.

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