April 7, 2026 Investment Reminder: Shuangliang Eco-Energy Company Receives Administrative Penalty Decision

Shandong Zhanggu: Due to false financial statements in the company’s annual report, the company’s stock is subject to other risk warnings; trading will be suspended on April 7
https://static.cninfo.com.cn/finalpage/2026-04-04/1225080609.PDF
On April 3, 2026, the company and relevant parties received an “Advance Notice of Administrative Penalty” issued by the Shandong CSRC (No. 3 [2026]). According to the circumstances identified in the “Advance Notice of Administrative Penalty,” the company’s 2024 annual report disclosed contains false records. For specific details, please refer to the “Announcement on the Company and Relevant Parties Receiving the ” disclosed by the company on the same day (Announcement No.: 2026009).
In 2024, without genuinely accepting repair, technical services, and other business activities, Shandong Zhanggu recognized related sales expenses and management expenses totaling RMB 8.4627 million, which caused Shandong Zhanggu’s 2024 annual report to contain false records, resulting in an understatement of total profit of RMB 8.4627 million, accounting for 10.37% of the total profit disclosed to the outside world for the period.
The company’s stock (stock abbreviation: Shandong Zhanggu, stock code: 002598) and the convertible bond (bond abbreviation: Zhanggu Convertible Bond, bond code: 127093) will be suspended from trading for 1 day starting at the opening of trading on April 7, 2026 (Tuesday), and will resume trading starting at the opening of trading on April 8, 2026 (Wednesday).

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