000413SZSE

Ninth Risk Warning Announcement 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 due to its stock prices falling below 1 RMB for 17 consecutive trading days. The company must disclose this risk every trading day until the situation is resolved. Investors are advised to be aware of the investment risks associated with this situation.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Special Reminder:

  1. As of August 9, 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 17 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 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 fall below 1 RMB for 10 consecutive trading days, it must disclose a risk warning announcement before the next trading day. This announcement must be repeated every trading day until the situation is resolved or until the termination of listing occurs (whichever comes first). Investors are advised to pay attention to investment risks.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.