Special Reminder:
- As of August 5, 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 thirteen consecutive trading days. According to Article 9.2.1, Clause 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 twenty consecutive trading days, the Shenzhen Stock Exchange will terminate its stock listing. Stocks that are delisted due to trading-related mandatory delisting conditions will not enter a delisting adjustment period. Investors are advised to be aware of the investment risks.
- 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 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 this warning daily until the situation is resolved or the termination occurs (whichever comes first). Investors are advised to be aware of the investment risks.
I. Reasons for Possible Termination of Listing
According to Article 9.2.1, Clause 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 twenty consecutive trading days, the Shenzhen Stock Exchange will terminate its stock listing. As of August 5, 2024, the closing prices of the Company’s A and B shares have been below 1 RMB for thirteen consecutive trading days, indicating a risk of termination of listing due to stock price being below par value. The Company and all members of the Board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.