---
title: "ST JSMC: Ordered to recover 1.491 billion yuan of occupied funds within 6 months"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/251591832.md"
description: "ST JSMC announced that it has received a decision from the Jilin Regulatory Bureau of the China Securities Regulatory Commission, requiring the recovery of CNY 1.491 billion of occupied funds within 6 months. If not completed by August 12, 2025, the stock will be suspended from trading starting August 13. If rectification is still not completed within two months, a delisting risk warning will be implemented, and if not rectified within the following two months, the listing will be terminated"
datetime: "2025-08-05T08:36:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/251591832.md)
  - [en](https://longbridge.com/en/news/251591832.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/251591832.md)
---

# ST JSMC: Ordered to recover 1.491 billion yuan of occupied funds within 6 months

\*ST JSMC announced that on February 12, 2025, the company received a decision from the Jilin Regulatory Bureau of the China Securities Regulatory Commission regarding the corrective measures imposed on Jilin Huamei Electronics Co., Ltd. and Shanghai Pengsheng Technology Industry Co., Ltd., requiring the company to recover 1.491 billion yuan of occupied funds within 6 months. If the rectification is not completed by August 12, 2025, the company's stock will be suspended from trading starting August 13. If the rectification is still not completed within two months after the suspension, a delisting risk warning will be implemented, and if the rectification is not completed within the following two months, the company will be terminated from listing

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