Guanghui Logistics seeks removal of other risk warning from shares

Guanghui Logistics Co., Ltd. (ST Guangwu) announced on October 14, 2025, that its board of directors approved the proposal to apply for the removal of the other risk warning on the company's shares. The company’s shares were initially subject to an other risk warning starting September 3, 2024, due to a "Pre-notification of Administrative Penalty" issued by the China Securities Regulatory Commission.

Guanghui Logistics confirmed it received the formal "Administrative Penalty Decision" on October 12, 2024, more than 12 months prior to the application. The company has completed the retrospective restatement of financial accounting reports for affected periods, addressing the issues cited in the administrative penalty. This included adjustments for 2020 assets and 2022, 2023 Q1, Q2, and Q3, with audit reports issued by Doxin Certified Public Accountants.

As of the announcement date, the company has not received any litigation materials related to investor compensation claims and has not met the conditions for accruing estimated liabilities for such claims in its 2025 semi-annual report. The removal of the other risk warning remains subject to approval by the Shanghai Stock Exchange.