000616SZSE

Announcement 2023-061: Risk Warning Regarding Possible Termination of Stock Listing Due to Price Below Par Value

*ST Haitu Co., Ltd.··3 pages

✨ AI Summary

This announcement serves as a risk warning regarding HNA Investment Group Co., Ltd.'s stock, which has closed below 1 yuan for eleven consecutive trading days as of May 31, 2023. If the stock price remains below 1 yuan for twenty consecutive trading days, it may face termination of listing by the Shenzhen Stock Exchange. The company emphasizes the importance of investor caution.

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Full Translation

AI Translation· azure_openai

HNA Investment Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors 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. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2023 Revision)" (hereinafter referred to as "Listing Rules"), as of May 31, 2023, the closing price of the Company's stock has been below 1 yuan for eleven consecutive trading days. If the closing price remains below 1 yuan for twenty consecutive trading days, the Company's stock may be terminated from listing and trading by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). Investors are advised to pay attention to the risks.
  2. According to Article 9.2.3 of the Listing Rules, the Company discloses the risk warning regarding the possible termination of its stock listing due to the stock price being below par value. Thereafter, this warning will be disclosed daily until the relevant situation is resolved or until the SZSE makes a decision to terminate the Company's stock listing. Investors are urged to invest rationally and be aware of the risks.

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