---
title: "ST Xintong has completed the verification matters and will resume trading from February 21"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229028649.md"
description: "ST Bright Oceans has completed its verification work, and the stock will resume trading on February 21, 2025. The company expects a net profit of -113 million yuan to -76 million yuan for 2024, with a net profit of -62 million yuan to -42 million yuan after deducting non-recurring gains and losses. After self-examination, both the controlling shareholder and the actual controller have no undisclosed significant information"
datetime: "2025-02-20T13:04:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229028649.md)
  - [en](https://longbridge.com/en/news/229028649.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229028649.md)
---

# ST Xintong has completed the verification matters and will resume trading from February 21

According to the Zhitong Finance APP, \*ST Xintong (600289.SH) announced that the company has conducted a review of matters related to stock trading. The relevant review work has been completed, and upon application, the company's stock will resume trading on February 21, 2025 (Friday) at the market opening.

The announcement shows that the company disclosed the "2024 Annual Performance Forecast" on January 18, 2025. According to preliminary calculations by the finance department, the company expects to achieve a net profit attributable to the owners of the parent company of between -113 million yuan and -76 million yuan for the year 2024. The net profit attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to be between -62 million yuan and -42 million yuan. The above forecast data is only preliminary accounting data, and the specific and accurate financial data will be based on the company's officially disclosed audited 2024 annual report.

After the company's self-examination and verification with the company's controlling shareholder Yiyang Group Co., Ltd., indirect controlling shareholder Dalian Wanyi Investment Co., Ltd., and actual controller Mr. Wang Wenfeng, as of the date of this announcement, the company, controlling shareholder, indirect controlling shareholder, and actual controller do not have any significant information related to the company that should be disclosed but has not been disclosed, nor are there any sensitive matters that may have a significant impact on the company's stock price, including but not limited to major asset restructuring, major transaction matters, business restructuring, share repurchase, equity incentives, bankruptcy reorganization, major business cooperation, and the introduction of strategic investors

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