ST Hongyang (000525) announced its shares will be suspended on June 12, 2025, resuming trading on June 13 with the ”ST” label removed and its ticker reverting to ”Red Sun” (code: 000525). The daily price limit will expand from 5% to 10%, marking its exit from special treatment status after addressing regulatory concerns.
The upgrade follows a clean 2024 internal control audit report, resolving issues flagged in negative audits from 2020–2023. The company confirmed the prior deficiencies—which triggered its “ST” classification—have been fully rectified.
Investors should note the potential volatility upon relisting, as the removal of trading restrictions may attract renewed interest. The relisting reflects progress in governance reforms but warrants scrutiny of future financial disclosures.
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