Securities Code: 000413, 200413
Securities Abbreviation: ST Dongxu, ST Dongxu B
Announcement Number: 2024-058
Dongxu Photovoltaic Technology Co., Ltd. Announcement on the Progress of Non-Operating Fund Occupation by Controlling Shareholder
Special Reminder:
-
Given that Dongxu Photovoltaic Technology Co., Ltd. (hereinafter referred to as "Dongxu Photovoltaic" or "the Company") has non-operating fund occupation issues and received a negative internal control audit report for the year 2023, according to Article 9.8.1 (1) and (4) and Article 9.8.2 of the Shenzhen Stock Exchange Listing Rules, the trading of the Company's stock has been subject to "other risk warnings" since July 9, 2024. The stock abbreviation has changed to "ST Dongxu, ST Dongxu B," while the stock codes remain unchanged as "000413, 200413."
-
According to Article 9.8.5 of the Shenzhen Stock Exchange Listing Rules, during the period of other risk warnings due to the situation specified in Article 9.8.1 (1), the Company must disclose progress announcements at least once a month regarding the resolution of fund occupation until the situation is resolved.
-
According to the second paragraph of Article 9.4.4 of the Shenzhen Stock Exchange Listing Rules, after disclosing a risk warning announcement in accordance with the first paragraph of Article 9.4.4 (6), the Company must disclose relevant progress and risk warning announcements at least once every ten trading days until the situation is resolved or the Company’s stock trading is subject to delisting risk warnings by the Shenzhen Stock Exchange.
-
On August 16, 2024, the Company received a "Pre-Notice" from the Shenzhen Stock Exchange. Due to the closing prices of the Company's A-shares and B-shares being below 1 yuan for twenty consecutive trading days from July 18, 2024, to August 14, 2024, the Shenzhen Stock Exchange intends to decide to terminate the listing of the Company's stock.