Tiger'sHoardHunt| *ST Xintong: Received the supervision work letter from the Shanghai Stock Exchange

Tiger'sHoardHunt| *ST Xintong: Received the supervision work letter from the Shanghai Stock Exchange

*ST ICT (Rights Protection) AnnouncementTiger'sHoardHuntAs of the disclosure date of the 2023 annual report, the company's controlling shareholder Yiyang Group occupied 5% of the company's funds.Tiger'sHoardHunt.34 billion yuan, accounting for 126 per cent of the most recent audited net assetsTiger'sHoardHunt.01%, Heilongjiang Securities Regulatory Bureau decided to take administrative supervision measures against the company and Yiyang Group to order corrections. In response, the Shanghai Stock Exchange issued a "Supervision Work Letter" to the company, requiring the company to collect the occupied funds within the specified time limit in strict accordance with the requirements of the rectification measures, effectively rectify them in place, and safeguard the interests of the listed company and minority shareholders.Tiger'sHoardHunt; Yiyang Group, the controlling shareholder, should effectively perform its main responsibilities and actively repay the amount occupied.

(Article source: Cailian)

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