*Special treat Hongyang announcement, the company has received a corrective measure from the Jiangsu Securities Regulatory Bureau, requiring the recovery of the occupied 2.884 billion yuan within six months. If the recovery is not completed on time, the Shenzhen Stock Exchange will suspend the trading of the company's stocks. Currently, significant progress has been made in recovering the occupied funds, and the Nanjing Intermediate People's Court has approved the company's restructuring plan. The company's restructuring plan is now in the implementation stage. The company will strive to complete the rectification by November 10, 2024, with the recovery of all occupied funds. However, there is uncertainty as the stocks may be suspended by the Shenzhen Stock Exchange from November 11, 2024, with the suspension not exceeding two months.
*ST红阳:公司将会同相关方争取在2024年11月10日前完成整改
*Special treat Hongyang: The company will strive to complete the rectification by November 10, 2024, together with relevant parties.
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