000616SZSE

Progress Announcement on Other Risk Warnings Implemented on Company Stock

*ST Haitu Co., Ltd.··14 pages

✨ AI Summary

This announcement updates on the implementation of other risk warnings on HNA Investment Group Co., Ltd.'s stock due to undisclosed related party guarantees and negative financial performance. The company has faced ongoing scrutiny since 2021, with stock trading being suspended and risk warnings issued due to violations of listing rules. As of June 2023, the stock price has remained below 1 RMB for 20 consecutive trading days, leading to potential delisting.

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Full Translation

AI Translation· azure_openai

HNA Investment Group Co., Ltd. Progress Announcement on Other Risk Warnings Implemented on Company Stock

The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

Special Reminder:

  1. HNA Investment Group Co., Ltd. (hereinafter referred to as "HNA Investment" or "the Company") disclosed the "2020 Annual Report," "Non-operating Fund Occupation and Repayment Situation Table, Illegal Guarantee and Release Situation Table," and "Announcement on Other Risk Warnings Implemented on Company Stock and Stock Suspension" (Announcement No. 2021-037) on April 30, 2021. Through self-inspection, the Company found that as of the disclosure date of the above announcement, there were undisclosed related party guarantees that had not followed procedures. The Company was subjected to other risk warnings due to its failure to resolve the illegal guarantee issues within one month after the announcement. According to the relevant provisions of the "Shenzhen Stock Exchange Stock Listing Rules (2022 Revision)" Articles 9.8.1, 9.8.2, and 9.8.4, the Company's stock was subjected to other risk warnings starting from June 2, 2021. For details, please refer to the announcement disclosed by the Company on June 2, 2021, titled "Announcement on the Implementation of Other Risk Warnings on Company Stock" (Announcement No. 2021-046).

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