Jiangsu Yitong High-tech Co Ltd

On September 28, three ChiNext companies previously under risk warnings completed the removal procedures one after another, ushering in an intensive period of having their special designations lifted. Yilong Information Technology Co., Ltd. resumed trading on September 28 and removed its other risk warning, with its stock abbreviation changed from ST Yilong to Yilong, its stock code remaining 300096, and its daily price limit remaining 20 percent. An arbitration ruling confirmed that the company bears no joint liability for its irregular guarantee matters, and the non-operating capital occupation by related parties arising from irregular loans has been eliminated. Jiangsu Yitong High-Tech Co., Ltd. will remove its delisting risk warning from the market open on September 29, with its stock abbreviation changed from asterisk ST Yitong to Yitong Technology and its stock code remaining 300211. The company achieved full-year revenue of 191 million yuan in 2025, with revenue after deductions of 168 million yuan, and net assets of 458 million yuan at the end of 2025. China Shipbuilding Industry Group Emergency Warning and Rescue Equipment Co., Ltd. will resume trading and remove its other risk warning from the market open on September 30, with its securities abbreviation changed from ST Emergency to CSSC Emergency and its securities code remaining 300527. Twelve months have passed since the company received its administrative penalty decision on September 16, 2025, meeting the conditions for applying for removal.

Yitong Technology announced on the evening of September 24 that its application to lift the delisting risk warning has been approved by the Shenzhen Stock Exchange. Trading in the company's shares will be suspended for one day starting from the market open on Monday, September 28, 2026, and will resume from the market open on Tuesday, September 29, 2026. The delisting risk warning will be lifted from the market open on September 29, 2026, and the stock abbreviation will change from ST Yitong to Yitong Technology. The securities code remains 300211, and the daily price limit remains 20 percent. Previously, because the company's audited total profit, net profit, and net profit excluding non-recurring items for 2024 were all negative, and its revenue after deductions was below 100 million yuan, the stock was placed under a delisting risk warning starting May 6, 2025. The company's 2025 annual report shows that it no longer meets the relevant circumstances stipulated in the listing rules and therefore qualifies to apply for lifting the delisting risk warning. In 2025, the company achieved revenue of 191 million yuan, up 88.1 percent year on year, with revenue after deductions of 168 million yuan. Net assets at the end of 2025 were 458 million yuan, and the net loss attributable to the parent company was 29.79 million yuan, a clear narrowing from the loss of 38.86 million yuan in the same period of the previous year. The key to the improvement in performance was the chip business. The wholly owned subsidiary Hefei Jingyu Microelectronics achieved revenue of 116 million yuan in 2025, accounting for more than 60 percent of the company's total revenue. However, in the first half of 2026, the company achieved revenue of 81.9659 million yuan, down 6.68 percent year on year, and a net loss attributable to the parent company of 17.7313 million yuan, with the loss widening year on year.

Jifeng Shares announced that its controlling subsidiary has secured a passenger car seat assembly project nomination, with an estimated total lifecycle value of 9.2 billion yuan. On the same evening, Halo New Network plans to make an additional investment of 1.265 billion yuan in the Helinger Intelligent Computing Center project, China Life plans to contribute no more than 4.5 billion yuan to participate in a partnership enterprise investing in high-quality unlisted equity in the artificial intelligence and semiconductor sectors, and Digital Zhengtong's wholly-owned second-tier subsidiary plans to purchase servers for 576 million yuan. Biwin Storage completed its first buyback of 1.0447 million shares on the same day at a cost of 222 million yuan; Seres' largest shareholder and its concert parties increased their holdings by 4.1501 million shares, Inovance Technology's largest shareholder plans to increase holdings by 150 million to 200 million yuan, and Chacha Food plans to buy back shares worth 50 million to 100 million yuan. China Railway Signal and Communication won three important railway market projects from July to August, with a total value of approximately 976 million yuan; ST Yitong will have its delisting risk warning removed starting September 29. In addition, Montage Technology's third-largest shareholder WLT plans to reduce its holdings by no more than 2.33 million shares, and Sanan Optoelectronics' actual controller Lin Xiucheng has been criminally detained on suspicion of embezzlement and misappropriation of funds.