000585SZSE

Announcement on the Termination of Listing and Delisting of the Company's A-Shares

Dongdian Tui Co., Ltd.··4 pages

✨ AI Summary

Northeast Electric Development Co., Ltd. announces the termination of its A-share listing, effective May 24, 2022, following a 15-day trading period after the delisting warning. The decision was based on the company's negative net profit and low revenue in its 2021 annual report. Shareholders are advised to complete share confirmation and registration procedures promptly.

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Full Translation

AI Translation· azure_openai

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

Risk Warning:

  • The Company's A-shares have been decided to be terminated from listing by the Shenzhen Stock Exchange. The shares entered the delisting transition period on April 28, 2022, and after trading for fifteen trading days, the last trading day will be May 23, 2022. As of May 23, 2022, the Company's A-shares have completed 15 trading days in the delisting transition period, which has now ended.
  • The Company's A-shares will be delisted from the Shenzhen Stock Exchange on May 24, 2022.
  • After the termination of listing, the Company's shares will enter the National Small and Medium Enterprises Share Transfer System Co., Ltd. for transfer management. The appointed sponsor, Shanxi Securities Co., Ltd., will issue a share confirmation announcement in the delisting section regarding the procedures for share confirmation, registration, and custody.
  • Investors are advised to pay close attention to notifications from the custodian broker and the share confirmation announcements issued by the sponsor, and to contact the custodian or sponsor promptly to complete share confirmation procedures and handle transaction settlement procedures.

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