*ST Yuandao announced that it has received an Administrative Penalty Decision from the China Securities Regulatory Commission, which determined that from 2019 to 2021 the company inflated operating revenue by 65.9026 million yuan, 161 million yuan, and 264 million yuan through methods such as fabricating workload confirmation forms. These amounts accounted for 8.75%, 13.12%, and 16.23% of the corresponding annual operating revenue disclosed in the prospectus, triggering mandatory delisting for major violations. Trading in the company's shares will be suspended from market open on August 31, 2026. The Shenzhen Stock Exchange will issue a prior notice of termination of listing within 15 trading days after the suspension. If the listing is ultimately terminated, the shares will enter a delisting consolidation period for 15 trading days.
Wintao Communications Co. LtdCSRC penalty for revenue inflation triggers mandatory delisting, trading suspended.
