ST Jinguang (600190.SH) will be forced to delist due to major violations starting from May 30th.

Intelligence Financial News APP, *ST Jingang (600190.SH) announced that on May 29, 2025, the company received the "Administrative Penalty Decision" (No. [2025] 3) from the Liaoning Supervision Bureau of the China Securities Regulatory Commission, determining that Jinzhou Port's "2022 Annual Report," "2023 Annual Report," and "2024 First Quarter Report" contained false records. On November 1, 2024, the company announced that it had received the "Administrative Penalty Decision" (No. [2024] 96) from the China Securities Regulatory Commission, determining that the company's annual reports from 2018 to 2021 contained false records. In accordance with the "Administrative Penalty Decision" (No. [2024] 96) of the China Securities Regulatory Commission and the "Administrative Penalty Decision" (No. [2025] 3) of the Liaoning Supervision Bureau of the China Securities Regulatory Commission, the company's annual reports from 2020 to 2023 contained false records for four consecutive years, triggering the mandatory delisting as stipulated in the "Shanghai Stock Exchange Stock Listing Rules (Revised in April 2025)." The company's stock will be delisted for major violations of laws. In accordance with the relevant provisions of Article 9.5.7 of the Stock Listing Rules, the company's stock will be suspended from trading starting on May 30, 2025.