Beijing Chieftain Control Engineering Technology Co LtdImpact on stocks 1
Beijing Chieftain Control Engineering Technology Co Ltd*ST Yitong has been publicly censured by the Shenzhen Stock Exchange for failing to disclose its earnings forecast within one month after the end of the 2025 fiscal year. The company's net profit attributable to shareholders of the listed company for 2025 was a loss of 879 million yuan, but it was not disclosed until the annual report on April 30, 2026. The Shenzhen Stock Exchange also publicly censured Chairman Liang Kai, General Manager Liang Yi, and CFO Lu Zhenhua, while issuing a notice of criticism to Board Secretary Zhang Jinting. The company's revenue last year was 470 million yuan, down 50.91 percent year-on-year. Since May 6 this year, it has been subject to delisting risk warning and other risk warnings due to audit report issues, with its stock abbreviation changed from Chengyitong to *ST Yitong. Its share price has fallen 78.30 percent this year.