Stock Trading Termination Risk Warning Announcement
Special Reminder:
- As of August 14, 2024, the closing prices of Dongxu Optoelectronics Co., Ltd. (hereinafter referred to as "the Company") A and B shares have been below 1 yuan for twenty 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 issues both A and B shares and the closing prices of both have been below 1 yuan for twenty consecutive trading days, the Shenzhen Stock Exchange will terminate the listing of its stocks. 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.
- According to Article 9.2.6 of the Shenzhen Stock Exchange Listing Rules, if a company issues both A and B shares and the closing prices of both have been below 1 yuan for twenty consecutive trading days, it must disclose the suspension of trading before the market opens on the next trading day. The company's stocks (A and B shares, stock abbreviations: ST Xu Dian, ST Dong Xu B; stock codes: 000413, 200413) will be suspended from trading starting August 15, 2024 (Thursday). Investors are advised to pay attention to investment risks.
Reasons for Possible Termination of Company Stock 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 issues both A and B shares and the closing prices of both have been below 1 yuan for twenty consecutive trading days, the Shenzhen Stock Exchange will terminate the listing of its stocks. Stocks that are terminated due to trading-related mandatory delisting will not enter a delisting adjustment period. The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
As of August 14, 2024, the closing prices of the Company's A and B shares have been below 1 yuan for twenty consecutive trading days, and the Company's stocks (A and B shares, stock abbreviations: ST Xu Dian, ST Dong Xu B; stock codes: 000413, 200413) will be terminated from trading by the Shenzhen Stock Exchange.