ST Purple Sky: Company's stock may be delisted, trading suspended from 21st.

On the evening of July 20th, *ST Zitian announced that on February 14th, the company received a decision from the Fujian Securities Regulatory Bureau, stating that the company's financial accounting reports contained false information. The bureau ordered the company to correct the relevant annual reports within 30 days of receiving the decision and to undergo a comprehensive audit by an accounting firm. The company failed to complete the correction within the specified deadline, and its stock has been suspended from trading since March 17th. If the company does not complete the required correction within two months of the suspension, its stock will be subject to delisting risk warning starting from May 20th. As of now, the company has not hired an accounting firm with qualifications in securities and futures related business, nor has it submitted a correction report to the Fujian Securities Regulatory Bureau. The situation has reached the point of possible delisting. Trading of the company's stock has been suspended since July 21st. The Shenzhen Stock Exchange will issue a preliminary notification of the intention to delist the company's stock within five trading days after the suspension.