Guangzhou Frontop Digital Creative Technology Co. Ltd. A

Frontop Digital Technology announced on September 4, 2026, that the company, its chairman and general manager Wu Suiying, and board secretary Duan Yilong were issued a warning letter by the Guangdong Securities Regulatory Bureau for violations involving the use of idle raised funds for cash management that exceeded the validity period approved by the board of directors and were carried out without board approval. The Guangdong Securities Regulatory Bureau determined that the conduct violated relevant provisions of the Measures for the Administration of Information Disclosure by Listed Companies and Regulatory Guidelines for Listed Companies No. 2. The company has taken corrective measures, including completing supplementary review procedures, optimizing internal approval processes, adding an audit department oversight line, and organizing special regulatory training, and stated that the regulatory measure does not affect normal production and operations.

Frontop Digital Technology released its 2026 interim report. Total operating revenue was 231 million yuan, down 27.80% year-on-year. Net profit attributable to the parent company was a loss of 77.2528 million yuan, with the loss widening compared with the same period last year. Net cash flow from operating activities was a negative 57.9697 million yuan, down 1,783.95% year-on-year. The company's asset-liability ratio was 54.06%, gross margin was 31.49%, return on equity was negative 12.96%, and diluted earnings per share was negative 0.75 yuan. The number of shareholders was 26,600, and the top ten shareholders held 39.63% of total share capital.