Announcement on the Risk of Termination of Listing and Suspension of Trading for the Company's Stock
Securities Code: 000616
Securities Abbreviation: *ST HNA Investment
Announcement Number: 2023-077
HNA Investment Group Co., Ltd. and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
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As of June 13, 2023, the stock closing price of HNA Investment Group Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB per share for twenty consecutive trading days, triggering the mandatory delisting provisions under Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules. According to relevant regulations, the Company's stock will be suspended from trading starting June 14, 2023 (Wednesday), and there is a risk of termination of listing for the Company's stock.
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According to Article 9.1.15 of the Shenzhen Stock Exchange Listing Rules: "If a listed company's stock is forcibly delisted by the Exchange, it enters a delisting adjustment period, except for cases of mandatory delisting due to trading-related circumstances." Therefore, the Company's stock will not enter a delisting adjustment period. As of June 13, 2023, the Company's stock closing price has been below 1 RMB per share for twenty consecutive trading days (from May 17, 2023, to June 13, 2023). According to the relevant provisions of the Shenzhen Stock Exchange Listing Rules (hereinafter referred to as "the Listing Rules"), the Company's stock will be terminated from listing. The following matters are hereby reminded: