ST Yifei: Revoking other risk warnings, resuming trading on August 13 and renaming to Yifei Laser.
The announcement from ST Yifei states that the companys stock will be subjected to other risk warnings starting from May 6, 2025, due to a negative opinion audit report on its internal control in the 2024 financial report. Currently, the companys internal control audit report for 2025 has a clean opinion, and the issues that led to the negative opinion for the 2024 internal control have been resolved. The Shanghai Stock Exchange agreed to lift the other risk warnings on August 11, 2026. The companys stock will be suspended for one day on August 12, 2026, and will resume trading on August 13, 2026, with the stock name changing from ST Yifei to Yifei Laser, while the price fluctuation limit remains at 20%.
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