Zhitong Finance App News, ST Sansheng (002742.SZ) announced that the company received the “Decision on Administrative Supervision Measures” issued by the China Securities Regulatory Commission and the Chongqing Securities Regulatory Bureau on May 10, 2024. The Chongqing Securities Regulatory Bureau decided to take corrective administrative supervision measures against the company and Pan Xianwen.
According to the announcement, according to Chapter 9, Section 4 of the “Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)”, if the company fails to clear up 113 million yuan of occupied capital and interest within six months in accordance with the required corrective measures, the Shenzhen Stock Exchange will suspend trading of the company's shares. If the rectification is not completed within two months after the suspension, the Shenzhen Stock Exchange will issue a delisting risk warning for the company's stock trading. If the rectification has not been completed within two months thereafter, the Shenzhen Stock Exchange will decide to terminate the company's stock listing transaction.