000540SZSE

Risk Warning Announcement Regarding Possible Termination of Company Stock Listing

*ST Zhongtian Co., Ltd.··3 pages

✨ AI Summary

This announcement serves to inform investors that Zhongtian Financial Group Co., Ltd. may face termination of its stock listing due to its stock price being below 1 yuan for 18 consecutive trading days as of May 16, 2023. The company has issued multiple risk warning announcements in compliance with stock listing rules. Additionally, the company is undergoing a pre-restructuring process, which poses further risks of bankruptcy and delisting.

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Full Translation

AI Translation· azure_openai

Zhongtian Financial Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. As of May 16, 2023, the closing price of Zhongtian Financial Group Co., Ltd. stock has been below 1 yuan for 18 consecutive trading days, and it is expected to remain below 1 yuan for 20 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2023 Revision)" (hereinafter referred to as "the Listing Rules"), the Company's stock may be terminated from listing by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE").
  2. According to Article 9.2.3 of the Listing Rules, if the Company’s stock closing price is below 1 yuan for ten consecutive trading days, the Company must disclose a risk warning announcement regarding the potential termination of its stock listing before the market opens on the next trading day, and continue to disclose it every trading day until the situation is resolved or the SZSE makes a decision to terminate the stock listing. Investors are advised to invest rationally and pay attention to investment risks.

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