ST Xinhua Jin: Capital occupation rectification not completed, risks still exist after stock trading suspension.

Sina Finance reported on March 31 that ST Xinhua Jin announced that the company's stock has been suspended from trading since February 26 for a period not exceeding 2 months due to failure to complete the rectification within the prescribed period. As of the disclosure date of the announcement, Xinhua Jin and its affiliates have not returned any misappropriated funds, and the solution is not yet determined. Lu Jin Group and Xinhua Jin Group have been accepted for bankruptcy reorganization. Although the "Financing Plan" aims to solve the problem of fund misappropriation, there are uncertainties in the progress of recruiting potential investors and the availability of funds. If the rectification is not completed within the suspension period, a delisting risk warning will be implemented, and if the rectification is still not completed within two months after resumption of trading, the listing will be terminated.