ST Tian Sheng: Disclosure of progress in implementing other risk alert-related matters in stock trading.
ST Tian Sheng announced that the trading of the company's stock has been subject to other risk warnings since June 5, 2019, due to the suspected misappropriation of company funds by the controlling shareholder Liu Qun. Starting from September 15, 2025, the company also faced additional warnings due to false financial recordation. As of April 8, 2021, Liu Qun has fully repaid the principal and interest of the funds he had used. The company has organized relevant departments to carry out internal rectification of the items required in the "Administrative Penalty Decision", and the work is currently in an orderly process. The company's production and operation are normal, and we will continue to monitor the progress and disclose it in a timely manner.
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