Century Huatong updates on risk alert status

Zhejiang Century Huatong Group (SZSE:002602) has released an update regarding the "other risk warning" applied to its stock. The warning was initially triggered by the receipt of an administrative penalty decision from the China Securities Regulatory Commission (CSRC) in November 2024, citing false records in annual reports from 2018-2022. The company is undertaking corrective actions.