googlecandycrush| *ST Xintong: Received the decision of Heilongjiang Securities Regulatory Bureau ordering correction measures

* ST Communications (Rights Protection) announcement that the company received the Heilongjiang Securities Supervision Bureau on May 10, 2024 about ordering corrective measures against Yiyang Telecom Co., Ltd. And Yiyang Group Co., Ltd.GooglecandycrushThe decision ". According to the investigation, as of the date of disclosure of the annual report in 2023, Yiyang Group occupied 53386 of the capital balance of listed companies.Googlecandycrush920,000 yuan, accounting for the company's latest audited net assetsGooglecandycrushThe proportion is 126.Googlecandycrush.01%. The above acts violate the relevant provisions of the regulations No. 8 on the Supervision of listed companies-requirements for the Supervision of Capital transactions and external guarantees of listed companies. Heilongjiang Securities Regulatory Bureau decided to take administrative regulatory measures to order corrections against * ST Telecom and Yiyang Group, asking * ST Telecom to clear the occupied 533.8692 million yuan and empty the balance of funds within 6 months. * ST Telecom should take positive measures to collect the occupied funds and safeguard the interests of listed companies and minority shareholders. Yiyang Group should earnestly fulfill its main responsibility and actively raise funds to repay the funds occupied by Yiyang Telecom.

If the company fails to clear 533.8682 million yuan of occupied funds within six months in accordance with the requirements of the order and correction, and clear the balance of the occupied funds, the Shanghai Stock Exchange will suspend the trading of the company's shares, and if the rectification has not been completed within two months after the suspension, the Shanghai Stock Exchange will implement a delisting risk warning for the company's stock trading, and if the rectification has not been completed within two months, the Shanghai Stock Exchange will decide to terminate the company's stock listing.