ST Guangwu announcement: The company received the "Administrative Penalty Decision" issued by the China Securities Regulatory Commission. It prematurely recognized real estate business revenue through methods such as falsifying delivery documents, inflated revenue, costs, and profits, leading to false disclosures in the company's 2022 annual report and 2023 semi-annual report. In 2022, inflated revenue amounted to 2.894 billion yuan, accounting for 57.65% of the disclosed revenue for that period, with inflated profit totaling 0.622 billion yuan, representing 78.52% of the disclosed profit; in the first half of 2023, inflated revenue reached 0.265 billion yuan, accounting for 19.23% of the disclosed revenue, with inflated profit totaling 0.056 billion yuan, representing 15.98% of the disclosed profit. The company and related responsible parties were fined, with Yang Tiejun being subject to a 5-year ban from the securities market.