--- title: "ST ALLWILL TELECOM: The company's stock trading is subject to additional risk warnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/258859688.md" description: "ST ALLWILL TELECOM announced that the chairman of its controlling subsidiary Wuxi Donghexin, Li Dong, provided a joint guarantee of 50 million yuan to Dongtai Dongfeng Haoxin Materials Technology Co., Ltd. without the review of the board of directors and the shareholders' meeting, constituting a violation. This action did not fulfill the necessary review procedures and information disclosure obligations, resulting in the company's stock being subject to additional risk warnings starting from September 26, 2025. The stock abbreviation remains \"*ST ALLWILL\" and the securities code is \"002231\", with a daily price fluctuation limit of 5%" datetime: "2025-09-25T10:56:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/258859688.md) - [en](https://longbridge.com/en/news/258859688.md) - [zh-HK](https://longbridge.com/zh-HK/news/258859688.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/258859688.md) | [繁體中文](https://longbridge.com/zh-HK/news/258859688.md) # ST ALLWILL TELECOM: The company's stock trading is subject to additional risk warnings \*ALLWILL TELECOM announced that on December 10, 2024, the legal representative and chairman of its controlling subsidiary Wuxi Donghexin, Li Dong, exceeded his authority by issuing a "Joint Guarantee Letter" in the name of Wuxi Donghexin to Zhongcai Investment Group Commercial Factoring Co., Ltd. without the deliberation and decision of the board of directors and shareholders' meeting, providing joint liability guarantee for Dongtai Dongfeng Haoxin Material Technology Co., Ltd. for financing of 50 million yuan from Zhongcai Factoring. The issuance of the above "Guarantee Letter" did not comply with the company's board of directors and shareholders' meeting deliberation procedures and information disclosure obligations, constituting a violation of regulations on providing external guarantees. The principal amount of the guarantee is 50 million yuan, accounting for 18.55% of the company's most recent audited net assets attributable to shareholders. According to relevant regulations, the company's stock will be subject to additional risk warnings starting from September 26, 2025, with the stock abbreviation remaining as "\*ALLWILL TELECOM" and the securities code remaining as "002231", with a daily price fluctuation limit of 5% ### Related Stocks - [ALLWILL TELECOM (002231.CN)](https://longbridge.com/en/quote/002231.CN.md) ## Related News & Research - [Assessing KPN (ENXTAM:KPN) Valuation After New RCS Partnership With Twilio And Google](https://longbridge.com/en/news/278454981.md) - [Tennis-Djokovic reaches Indian Wells last 16 as Pegula fights back to progress](https://longbridge.com/en/news/278446416.md) - [Dedication ceremony for Obama presidential library set for June](https://longbridge.com/en/news/278229112.md) - [A piece of Hollywood history: Gorgeous Palm Springs estate once owned by Cary Grant listed for $12.7 million](https://longbridge.com/en/news/277915724.md) - [11:41 ETNovafjord Expands Multi-Asset Trading Services With AI-Driven Arbitrage and Risk Management Tools](https://longbridge.com/en/news/278417992.md)