000413SZSE

Seventh 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 a risk warning regarding the potential termination of listing for Dongxu Optoelectronics due to its stock prices falling below 1 RMB for fifteen consecutive trading days. The company has issued multiple warnings since July 19, 2024, and emphasizes the importance of investor awareness regarding this risk. The company is also under scrutiny from the China Securities Regulatory Commission for failing to disclose its annual report on time.

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Full Translation

AI Translation· azure_openai

Stock Trading May Be Terminated Due to Price Below Par Value

As of August 7, 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 fifteen 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 fall below 1 RMB for twenty 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.

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