Zhitong Financial APP news, *ST Longyu (603003.SH) announced that the company has not conducted a comprehensive audit of the amended annual financial statements of the previous period's accounting errors by the accounting firm, which may be deemed as a failure to correct within the prescribed deadline. According to the provisions of Article 8.4 of the Listing Rules of the Shanghai Stock Exchange, the company's stock may be suspended for up to 2 months. The company is coordinating with the accounting firm to fully promote the audit work of the previous years' financial statements involved in the correction of accounting errors.

If the company's stock is suspended, and it cannot complete a comprehensive audit of the amended annual financial statements by the accounting firm and issue a new audit report within 2 months, it may be subject to the Shanghai Stock Exchange's imposition of regulatory risk warning for potential delisting. If, within 2 months after the implementation of the regulatory risk warning, the company has not disclosed the corrected financial accounting report, or has failed to apply to the Shanghai Stock Exchange for the withdrawal of the delisting risk warning within the prescribed period, the Shanghai Stock Exchange may decide to terminate the listing of the company's stock as stipulated.

The company is coordinating with the accounting firm to fully promote the audit work of the previous years' financial statements involved in the correction of accounting errors in order to promptly complete the disclosure of the amended audited financial statements and audit report or special verification report, and avoid the situation of stock suspension and subsequent imposition of regulatory risk warning for potential delisting.