000585SZSE

Announcement on the Suspension of Company A's A-Shares and Risk of Possible Delisting

Dongdian Tui Co., Ltd.·March 30, 2022·3 pages

✨ AI Summary

This announcement informs that Company A's A-shares will be suspended from trading due to negative net profit and low revenue. The suspension starts on March 31, 2022, and the company may face delisting as it has failed to meet listing requirements. The company will continue to seek support to improve its operations and create value for shareholders.

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Full Translation

AI Translation· azure_openai

A-Shares Stock Code: 000585

A-Shares Stock Abbreviation: *ST Dongdian

Announcement Number: 2022-015

Northeast Electric Development Co., Ltd. announces the risk of suspension and possible delisting of its A-shares. The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder:

According to the 2021 audit report issued by Zhongshun Zhonghuan Accounting Firm (Special General Partnership), the company's net profit for 2021, after deducting non-recurring gains and losses, was negative, and its operating revenue was below 100 million yuan, with negative net assets at the end of the period. This situation triggers the delisting conditions outlined in Article 9.3.11, Paragraph 1, Items (1) and (2) of the Shenzhen Stock Exchange Listing Rules (2022 Revision). Therefore, the company's A-shares may be delisted.
The company's A-shares will be suspended from trading starting March 31, 2022 (Thursday).

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