Starnet Yuda (002829.SZ) was suspended from participating in military material engineering service procurement activities

According to the Zhitong Finance App, Starnet Yuda (002829.SZ) issued an announcement. The company found information on the “Suspension Notice of Beijing Starnet Yuda Technology Co., Ltd.” on the military procurement network (hereinafter referred to as “military procurement network”). The suspension date: October 14, 2024. The reason for the suspension: there was a violation.

After learning that the company had been “suspended from military material engineering service procurement activities,” the company attached great importance to it and immediately organized a self-inspection by personnel. Currently, the company is actively communicating with all parties in accordance with the prescribed procedures. Currently, the overall business situation of the company is normal. During the suspension period, the company will not be able to participate in military material engineering service procurement activities. This matter will have a certain impact on the company's operations in the short term; however, the relevant contracts signed before the suspension date are still being executed normally.