*ST Huawei: Failure to Timely Address Fund Misappropriation Leads to Stock Suspension
2025-08-12 / Read about 0 minute
Author:小编   

*ST Huawei has been unable to rectify the issue of fund occupation by its controlling shareholder and related parties within the stipulated timeframe, resulting in the suspension of its stock trading on August 13, 2025. This suspension is anticipated to last for a period not exceeding two months. The company is required to promptly recover the misappropriated funds. Should the rectification process not be completed within six months, *ST Huawei will face a delisting risk warning. Furthermore, if the rectification remains incomplete after an additional two months, the company's stock will be delisted from the exchange.