---
title: "ST JSMC: Revocation of other risk warnings due to fund occupation"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253603201.md"
description: "ST JSMC announced that it has recovered 1.567 billion yuan in funds and interest due to fund occupation and has completed rectification. The company has applied to revoke other risk warnings triggered by non-operating fund occupation by related parties, which requires approval from the Shanghai Stock Exchange"
datetime: "2025-08-19T09:49:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253603201.md)
  - [en](https://longbridge.com/en/news/253603201.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253603201.md)
---

# ST JSMC: Revocation of other risk warnings due to fund occupation

\*ST JSMC announced that as of August 15, 2025, the company has recovered all funds and interest totaling 1.567 billion yuan occupied by Shanghai Pengsheng and its related parties. On August 18, 2025, Beijing Guofu Jiaying Accounting Firm issued a special verification opinion, confirming that the company has completed the rectification of fund occupation as required by the corrective order. The company has applied to the Shanghai Stock Exchange for the withdrawal of other risk warning situations triggered by non-operating fund occupation by related parties. This matter is subject to the review and approval of the Shanghai Stock Exchange, and the final application for withdrawal will be based on the review opinion of the Shanghai Stock Exchange

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