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*ST ZhuoLang (600225.SH): Stocks may be subject to delisting due to major illegal activities.
Geronghui Nov. 20th | tianjin troila information technology (600225.SH) announced that, due to suspected illegal information disclosure, it is being investigated by the China Securities Regulatory Commission. The company received the "Administrative Penalty Advance Notice" on Oct. 30, 2024, determining that the company fictitiously inflated revenue and profits through its subsidiary, tianjin troila information technology, by fabricating business sales of servers, software, and system integration services, leading to false records in the annual reports from 2019 to 2023. If based on the formal penalty decision, the company will face the risk of mandatory delisting for serious violations, and its stocks will be suspended from listing.
Investors in Tianjin Troila Information TechnologyLtd (SHSE:600225) From a Year Ago Are Still Down 22%, Even After 3.9% Gain This Past Week
Zhuolang Technology: Tianjin Zhuolang Information Technology Co., Ltd. 2024 Third Quarter Report
Tianjin Zhuolang Information Technology Co., Ltd. Report for the Third Quarter of 2024
Former 13-day 9-board Huawei concept stocks may face delisting! Tianjin Troila Information Technology artificially inflated profits by more than 1.3 billion yuan in 5 years | Speed reading announcement
1. Over the past 5 years, Tianjin Troila Information Technology has collectively inflated profits by over 1.3 billion yuan. 2. According to the formal penalty decision, the company has violated major laws and regulations that warrant delisting, and two executives will face lifelong market access restrictions. 3. The company's net loss in just Q3 of this year has reached 0.13 billion yuan, and this month it set a record of 13 consecutive down days triggered by the Huawei concept.
Troila Technology Development Names CFO
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