Special Reminder:
- As of March 31, 2026, the company's stock closing market value has been below 500 million yuan for twelve consecutive trading days. According to Article 9.2.1 of the Stock Listing Rules, if the company's stock closing market value remains below 500 million yuan for twenty consecutive trading days, the stock will be terminated from listing by the Shenzhen Stock Exchange due to triggering mandatory delisting conditions.
- Stocks that are terminated from listing due to triggering mandatory delisting conditions will not enter a delisting adjustment period. Investors are advised to be aware of the investment risks.
Reasons for Possible Termination of Listing
According to Article 9.2.1 of the Shenzhen Stock Exchange Stock Listing Rules (hereinafter referred to as "Stock Listing Rules"), if the company's stock closing market value remains below 500 million yuan for twenty consecutive trading days, the stock will be terminated from listing by the Shenzhen Stock Exchange. According to Article 9.6.1 of the Stock Listing Rules, stocks terminated from listing due to triggering mandatory delisting conditions will not enter a delisting adjustment period. On March 16, 2026, the closing price of Wan Fang Urban Investment Development Co., Ltd. (hereinafter referred to as "the Company") was 1.56 yuan/share, with a total market value of 486 million yuan, marking the first instance of the total market value falling below 500 million yuan. As of March 31, 2026, the company's stock closing market value has been below 500 million yuan for twelve consecutive trading days, indicating a risk of termination of listing due to the total market value being below 500 million yuan.
Disclosure of Termination of Listing Risk Warning
According to Article 9.2.3 of the Stock Listing Rules, companies issuing A shares or both A and B shares must disclose a risk warning announcement regarding the possible termination of listing if the stock closing market value falls below 500 million yuan before the next trading day. The Company and its board of directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.