000413SZSE

Eighth Risk Warning Announcement Regarding Possible Termination of Listing Due to Stock Price Below Par Value

ST Xudian Co., Ltd.··4 pages

✨ AI Summary

This announcement serves as the eighth risk warning regarding the potential termination of listing for Dongxu Optoelectronics due to its stock price falling below 1 RMB for 16 consecutive trading days. The company emphasizes the importance of investor awareness regarding this risk. The stock has been under risk warning since July 9, 2024, and the company is actively working to resolve financial issues.

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Full Translation

AI Translation· azure_openai

Special Reminder:

  1. As of August 8, 2024, Dongxu Optoelectronics Co., Ltd. (hereinafter referred to as "Dongxu Optoelectronics" or "the Company") has seen its A and B shares close below 1 RMB for 16 consecutive trading days. According to Article 9.2.1, Paragraph 1, Item (5) and Article 9.1.15 of the Shenzhen Stock Exchange Listing Rules, if a company with both A and B shares has its stock prices below 1 RMB for 20 consecutive trading days, the Shenzhen Stock Exchange will terminate its stock listing. Stocks that are terminated due to trading-related mandatory delisting will not enter a delisting adjustment period. Investors are advised to be aware of the investment risks.
  2. According to Article 9.2.4, Item (2) of the Shenzhen Stock Exchange Listing Rules, if a company with both A and B shares has its stock prices below 1 RMB for 10 consecutive trading days, it must disclose a risk warning announcement before the next trading day. This announcement must continue to be disclosed daily until the situation is resolved or a termination of listing occurs. Investors are advised to be aware of the investment risks.

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