Announcement on the Trading of Company A Shares Entering Delisting Adjustment Period
The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, without false records, misleading statements, or major omissions.
Special Risk Warning: Northeast Electric Development Co., Ltd. (hereinafter referred to as "Northeast Electric" or "the Company") A shares will enter the delisting adjustment period on April 28, 2022. After 15 trading days in the delisting adjustment period, the Company's A shares will be delisted. Investors are advised to invest cautiously and pay attention to risks.
Northeast Electric received the Shenzhen Stock Exchange's decision on the termination of listing for its shares (Shenzhen Stock Exchange [2022] No. 388) on April 20, 2022. Given that the Company's A shares are subject to termination of listing by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"), according to the relevant provisions of the "Shenzhen Stock Exchange Stock Listing Rules (2022 Revision)" (hereinafter referred to as "Stock Listing Rules (2022 Revision)"), the Company's A shares will enter the delisting adjustment period starting April 28, 2022. The relevant arrangements for the trading of the Company's A shares during the delisting adjustment period are announced as follows:
- Securities Code, Abbreviation, and Price Fluctuation Limits During the Delisting Adjustment Period
Securities Code Securities Abbreviation Price Fluctuation Limit 000585 Dongdian No price fluctuation limit on the first trading day; thereafter, 10% limit per trading day
The reference opening price on the first trading day of the delisting adjustment period is 0.98 yuan/share.