Beijing Tongtech faces delisting from Shenzhen Stock Exchange

Beijing Tongtech Co., Ltd. announced on December 22, 2025, that its shares will commence trading in a delisting period on December 30, 2025. This follows a decision by the Shenzhen Stock Exchange (SZSE) to terminate the company's listing due to false information in its 2019-2022 annual reports, as per an administrative penalty from the Beijing Securities Regulatory Bureau. The delisting period is scheduled for 15 trading days, with the final trading date expected to be January 21, 2026, after which the shares will be delisted.

During the delisting period, the company's stock will be traded on the risk warning board, with the first day having no price limits and subsequent days subject to a 20% price fluctuation limit. Investors are advised to settle any outstanding transactions such as pledged stock repurchases, agreed repurchases, margin trading and securities lending, and Shenzhen-Hong Kong Stock Connect operations before delisting. The company also confirmed it will not plan or implement any major asset restructurings during this period.

Upon delisting, Beijing Tongtech shares will be transferred to a delisting section managed by the National Equities Exchange and Quotations (NEEQ) for transfer. The company will engage a securities firm to handle the necessary registration and transfer services. Investors are advised that they may face difficulties transferring shares after they enter the NEEQ system.