000616SZSE

Announcement on the Risk of Termination of Listing Due to Stock Price Falling Below Par Value

*ST Haitu Co., Ltd.··3 pages

✨ AI Summary

This announcement warns that HNA Investment Group Co., Ltd.'s stock has closed below 1 RMB for fourteen consecutive trading days, risking termination of listing. The company has previously issued similar warnings and is required to continue disclosing this risk daily until resolved. The board emphasizes the importance of rational investment and risk awareness for investors.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Securities Code: 000616
Securities Abbreviation: *ST HNA Investment
Announcement Number: 2023-065

HNA Investment Group Co., Ltd. announces that the content of this information disclosure is true, accurate, and complete, with no 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"), if the company's stock closing price is below 1 RMB for twenty consecutive trading days, the stock may be terminated from listing by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). As of June 5, 2023, HNA Investment Group Co., Ltd. (hereinafter referred to as "the Company") has had its stock closing price below 1 RMB for fourteen consecutive trading days, and investors are advised to pay attention to the risks.
  2. According to Article 9.2.3 of the "Listing Rules," the company must disclose the risk of termination of listing due to stock price falling below par value daily until the situation is resolved or the SZSE makes a decision to terminate the listing. Investors are urged to invest rationally and be aware of risks.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.