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 17 consecutive trading days as of May 15, 2023. The company has issued multiple risk warning announcements and is currently undergoing a pre-restructuring process. Investors are advised to be cautious and aware of the associated risks.

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Full Translation

AI Translation· azure_openai

Zhongtian Financial Group Co., Ltd.
Announcement No.: 2023-50

The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. As of May 15, 2023, the stock closing price of Zhongtian Financial Group Co., Ltd. (hereinafter referred to as "the Company") has been below 1 yuan for 17 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 "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 listing of the Company’s stock. Investors are advised to invest rationally and pay attention to investment risks.

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