Shenzhen Stock Exchange issues regulatory letter to ST Helong: Significant differences in net profit disclosed in two performance forecasts.
The Shenzhen Stock Exchange issued a regulatory letter regarding Hengtong Technology Co., Ltd.: On January 30, 2026, the company disclosed the "2025 Performance Forecast", with an expected net loss of 470 to 700 million yuan attributable to shareholders of the listed company in 2025. On April 14, 2026, the company disclosed the "2025 Performance Forecast Revision Announcement", stating that during the progress of the 2025 financial audit work, based on the prudence principle and professional judgment, combined with the company's contract breach issues, it was confirmed after communication with the accountant that financial expenses needed to be provisioned; according to the latest impairment calculation results from a professional evaluation agency, a provision for asset impairment of fixed assets needed to be made. As a result, the company revised its 2025 performance forecast, with a projected net loss of 580 to 950 million yuan for 2025. The two performance forecasts disclosed by the company had significant differences in net profit, and the company failed to disclose the performance forecasts truthfully, accurately, and completely within the specified period.
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