300477SZSE
🚨 Material Event

Progress Announcement on the Implementation of Additional Risk Warnings for Company Stock

ST United Co., Ltd.··2 pages

✨ AI Summary

This announcement details the progress regarding the implementation of additional risk warnings for the company's stock due to a negative audit opinion on its internal controls. The company has taken measures to improve governance and internal controls, including training and legal actions. It is actively communicating with courts to lift bank account freezes and mitigate operational impacts.

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Full Translation

AI Translation· azure_openai

Securities Code: 300477
Securities Abbreviation: ST Hezhong
Announcement No.: 2026-029

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

I. Relevant Circumstances of Additional Risk Warnings

  1. Hezhong Technology Co., Ltd. received a negative audit opinion on its internal controls for the 2024 financial report from Zhongxing Caiguanghua Accounting Firm (Special General Partnership) (hereinafter referred to as "Zhongxing Caiguanghua"). According to Article 9.4 (4) of the Shenzhen Stock Exchange GEM Listing Rules, the Company’s stock trading is subject to additional risk warnings due to the issuance of an audit report with a disclaimer of opinion or negative opinion on internal control for the most recent accounting year, or failure to disclose the internal control audit report as required. For specific details, please refer to the announcement titled "Announcement on the Implementation of Additional Risk Warnings for Company Stock and the Suspension and Resumption of Trading, and Possible Implementation of Delisting Risk Warnings" disclosed by the Company on April 29, 2025, on the Giant Tide Information Network.

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