ZST Digital Networks Inc Announces Delay In Submitting Annual Reports

ZST Digital Networks Inc announced an update to investors on recent developments at the Company. As previously announced, ZST Digital and BDO China Dahua, CPA Co. Ltd., the Company's former auditor, had a disagreement over an audit procedure during the fiscal year ended December 31, 2011. Despite efforts to cooperate in full with the auditor, the Company was not able to reach a consensus with BDO China. As a result, BDO China effectively resigned as the Company's auditor on March 26, 2012, and the Company was unable to submit annual report for the year ended December 31, 2011 on schedule.