Zitian Technology (300280.SZ): There is a risk that trading of the company's shares will be suspended for no more than 2 months

Zhitong Finance App News, Zitian Technology (300280.SZ) issued an announcement. On February 14, 2025, the company received the “Decision on Ordering Corrective Measures against Fujian Zitian Media Technology Co., Ltd.” issued by the Fujian Regulatory Bureau of the China Securities Regulatory Commission, requiring the company to revise and disclose the relevant annual report within 30 days from the date of receipt of the decision, and fulfill the obligation to disclose information on major events. As of the date of this announcement, the company has not hired an accounting firm with securities or futures related business qualifications. According to section 10.4.1 of the “Shenzhen Stock Exchange GEM Stock Listing Rules”, there is a risk that trading of the company's shares will be suspended for no more than 2 months.

If the rectification of the company's stock is not completed after 2 months of suspension of trading, the Shenzhen Stock Exchange may issue a delisting risk warning on the company's stock transaction; if the revised financial accounting report is not disclosed within 2 months from the date the delisting risk warning is implemented, the company's stock listing may be terminated.