Weiwei shares violated Article 13.9. 1 of the Listing Rules, and the company's related fund lending failed to pass the decision-making procedure of the shareholders' meeting or the board of directors, and the information was not disclosed in time. At the same time, the company's "2020 Internal Control Audit Report" was denied by the relevant accounting firm, so the company's stock was treated by ST.

What is ST

This is a special treatment of ST, also known as the net risk of delisting. When the average company has suffered a net profit loss for two consecutive years or other irregularities stipulated by the China Securities Regulatory Commission, the company's stock will be controlled by St. When the stock name is ST, the stock name is ST, and the daily fluctuation range of the stock is limited to less than 5%. If the company continues to lose money next year, the stock will be marked as *ST, and this stock may be delisted.

After the improvement of the company's operation, the net output per share, earnings per share after deducting non-recurring gains and losses and earnings per share in the annual report are all positive, before applying for taking off the hat. After verifying the relevant business situation, the exchange decides whether to take off the hat.