Shanghai Supezet Engineering Technology Corp., Ltd. (688121.SH): Preliminary investigation reveals that some annual financial information is suspected of false recording, which may involve circumstances of significant legal violations leading to mandatory delisting.
*ST Zhuoran (688121.SH) announced that the company is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations related to information disclosure. It has been preliminarily determined that some of the annual financial information disclosed by the company is suspected of false recording, which may involve circumstances of major illegal activities leading to compulsory delisting. If the facts recognized by the CSRC in the subsequent administrative penalty involve serious violations that warrant compulsory delisting, the companys stock will face delisting due to major legal violations. As of the date of the announcement, the CSRC's investigation is still ongoing.
Shanghai Supezet Engineering Technology Corp., Ltd. (688121.SH) has announced that the company is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws and regulations. It has been initially determined that some of the annual financial information disclosed by the company is suspected of false representation, which may trigger circumstances for mandatory delisting due to serious violations. If subsequent administrative penalties imposed by the CSRC confirm these facts and they involve serious violations warranting mandatory delisting, the company's stock will face mandatory delisting due to serious violations. As of the disclosure date of this announcement, the CSRC's investigation is still ongoing.
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