000413SZSE

Announcement on the Eleventh Risk Warning Regarding Possible Termination of Listing Due to Stock Price Falling Below Par Value

ST Xudian Co., Ltd.··4 pages

✨ AI Summary

This announcement serves as a risk warning regarding the potential termination of listing for Dongxu Optoelectronics Technology Co., Ltd. due to its A and B shares closing below 1 yuan for 19 consecutive trading days as of August 13, 2024. The company must disclose this risk until the situation is resolved or termination occurs. Investors are advised to be cautious.

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Full Translation

AI Translation· azure_openai

Special Reminder:

  1. As of August 13, 2024, the closing prices of Dongxu Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Dongxu Optoelectronics" or "the Company") A and B shares have been below 1 yuan for 19 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 issues both A and B shares and the closing prices of both are below 1 yuan 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 pay attention to investment risks.

  2. According to Article 9.2.4, Item (2) of the Shenzhen Stock Exchange Listing Rules, if a company issues both A and B shares and the closing prices of both are below 1 yuan for ten consecutive trading days, it must disclose a risk warning announcement regarding the potential termination of its stock listing before the next trading day opens, and continue to disclose it daily until the situation is resolved or termination occurs (whichever comes first). Investors are advised to pay attention to investment risks.

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