000587SZSE

Announcement on Abnormal Fluctuations in Company Stock Trading and Risk Warning

*ST Jinzhu Co., Ltd.··2 pages

✨ AI Summary

This announcement informs investors of abnormal fluctuations in the stock price of Jinzhou Cihang Group Co., Ltd., which has closed below 1 yuan for 20 consecutive trading days. As a result, the stock is at risk of being delisted starting February 3, 2023. The company confirms no undisclosed information that could significantly impact stock trading prices. Investors are advised to exercise caution.

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Full Translation

AI Translation· azure_openai

Securities Code: 000587
Securities Abbreviation: *ST Jinzhou
Announcement Number: 2023-013

Jinzhou Cihang Group Co., Ltd. announces that 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 Risk Warning: As of February 2, 2023, the company's stock closing price was 0.72 yuan, and the stock has closed below 1 yuan for 20 consecutive trading days (from December 29, 2022, to February 2, 2023). This has triggered the delisting regulations under the Shenzhen Stock Exchange's Stock Listing Rules (2022 Revision) (hereinafter referred to as the "Listing Rules"). According to relevant rules, the company's stock will be suspended from trading starting February 3, 2023 (Friday), and there is a risk of termination of listing. According to Article 9.1.15 of the Listing Rules, "If a listed company's stock is forcibly delisted by the Exchange, it enters a delisting arrangement period, except for those that are terminated due to trading-related forced delisting circumstances." Therefore, the company's stock will not enter the delisting arrangement period.

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