000038SZSE

Notice on Receipt of the Shenzhen Stock Exchange's Advance Notice and Risk Warning Regarding Possible Termination of Stock Listing

Datong Tui Co., Ltd.··2 pages

✨ AI Summary

Shenzhen Datong Industrial Co., Ltd. received an advance notice from the Shenzhen Stock Exchange indicating that its stock may be delisted due to failure to disclose the 2022 annual report by the legal deadline. The company has the right to apply for a hearing or submit written statements within specified timeframes. If delisting occurs, trading will enter a delisting arrangement period lasting fifteen trading days.

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Full Translation

AI Translation· azure_openai

Securities Code: 000038

Securities Abbreviation: *ST Datong

Announcement Number: 2023-030

Shenzhen Datong Industrial Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Recently, the Company received an "Advance Notice" (Company Department Letter [2023] No. 161) issued by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). The specific content of the "Advance Notice" and the risk warning regarding the possible termination of the Company's stock listing are as follows:

1. Specific Content of the "Advance Notice"

On May 6, 2022, due to the issuance of an audit report expressing an inability to provide an opinion on the Company's 2021 financial accounting report, the trading of the Company's stock was subject to delisting risk warning. On April 29, 2023, the Company disclosed a risk warning announcement regarding the inability to disclose the periodic report within the legal deadline, indicating that the Company could not disclose the 2022 annual report by the legal deadline of April 30, 2023. As of April 30, 2023, the Company failed to disclose the 2022 annual report within the legal deadline, triggering the delisting conditions stipulated in Article 9.3.11 of the SZSE's "Stock Listing Rules (2023 Revision)." The SZSE intends to decide to terminate the Company's stock listing.

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