ST Cuihua: Financial information may involve false records, with significant illegal delisting risk for stocks.

date
06/08/2026
The announcement from ST Cuihua states that the company has been placed under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, effective February 9, 2026. As of August 6, preliminary findings indicate that some of the company's annual financial information may involve false records, which could lead to significant violations resulting in mandatory delisting. If the CSRC determines that there are related circumstances after administrative penalties, the company's stock will be forced to delist; the investigation is still ongoing. Additionally, on August 6, the company received a letter of concern from the Shenzhen Stock Exchange, requesting it to cooperate with regulators, fully disclose risks, and report developments in accordance with regulations.