On the evening of September 30, ST Qingyue announced that core technical staff member Sun Jian had recently submitted his resignation for personal reasons and will no longer hold any position at the company. Sun Jian served as a director and employee representative director from 2018 to September 2026, and as general manager of Kunshan Mengxian Electronic Technology from 2019 to September 2026. As of the announcement date, he indirectly held 1,197,800 shares in the company through three partnership enterprises. Before this change, ST Qingyue had four core technical staff members: Gao Yudi, Sun Jian, Liu Hongjun, and Ma Zhongsheng. After the change, three will remain: Gao Yudi, Liu Hongjun, and Ma Zhongsheng. Earlier, on June 18, 2026, core technical staff member Zhang Feng had already resigned for personal reasons, meaning the company has lost two core technical staff members in just over three months. In addition, on September 10, 2026, the company received a prior notice of delisting from the Second Management Department of Listed Companies at the Shanghai Stock Exchange. By that date, the company's stock had closed below 1 yuan per share for 20 consecutive trading days. In the first half of 2026, the company achieved operating revenue of 276 million yuan, down 16.26 percent year on year, with a net loss attributable to the parent company of 229 million yuan. Its share price has fallen more than 90 percent cumulatively this year.
Suzhou QingYue Optoelectronics Technology Co. Ltd. ACompany received a prior delisting notice from the Shanghai Stock Exchange after its stock closed below 1 yuan for 20 consecutive trading days.
