ST Changyuan: The stock has been subject to other risk warnings, and the funds collected have been used for interest.

date
30/01/2026
ST Changyuan announced that due to a qualified audit report on its internal controls for the 2024 financial report, the company's stock will be subject to other risk warnings starting from April 30, 2025, and progress will be disclosed on a monthly basis. From 2023 to 2024, the then chairman Wu Qiquan controlled the company's use of funds, and related parties have returned the principal and 21.5898 million yuan in interest. The company has set up a special rectification team to revise regulations, improve processes, and conduct training. In addition, the company is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws and regulations, but is currently operating normally and cooperating with the investigation.