ST Tianshan announced that the company received the “Decision on Administrative Supervision Measures” issued by the China Securities Regulatory Commission and the Xinjiang Regulatory Bureau on June 3, 2024. According to the decision, some suppliers in the company's 2023 live animal business overlapped or had close relationships with customers, resulting in misstatement of revenue amounts of 1,034,400 yuan and 17.3426 million yuan in the 2023 semi-annual report and the third quarter report, respectively. The Supervisory Authority decided to take corrective supervisory and management measures against the company and record them in the capital market integrity file. The company will rectify in strict accordance with the requirements and submit a written rectification report within 30 days. The above regulatory measures will not have a significant impact on the company's production and operation activities.

Zhitongcaijing · 06/03 11:25
ST Tianshan announced that the company received the “Decision on Administrative Supervision Measures” issued by the China Securities Regulatory Commission and the Xinjiang Regulatory Bureau on June 3, 2024. According to the decision, some suppliers in the company's 2023 live animal business overlapped or had close relationships with customers, resulting in misstatement of revenue amounts of 1,034,400 yuan and 17.3426 million yuan in the 2023 semi-annual report and the third quarter report, respectively. The Supervisory Authority decided to take corrective supervisory and management measures against the company and record them in the capital market integrity file. The company will rectify in strict accordance with the requirements and submit a written rectification report within 30 days. The above regulatory measures will not have a significant impact on the company's production and operation activities.