000638SZSE
🚨 Material Event

Announcement on Receiving the Decision of Stock Termination of Listing

*ST Wanfang Co., Ltd.··4 pages

✨ AI Summary

This announcement informs that WanFang Urban Investment Development Co., Ltd. has received a decision from the Shenzhen Stock Exchange to terminate the listing of its shares due to a market capitalization below 500 million RMB over twenty consecutive trading days. The shares will be delisted within fifteen trading days without entering a delisting transition period. The company has appointed HuLong Securities for share transfer services post-delisting.

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Full Translation

AI Translation· azure_openai

Announcement on Receiving the Decision of Stock Termination of Listing

Special Reminder:

  1. Type of securities to be delisted: RMB ordinary shares, stock abbreviation: *ST WanFang, stock code: 000638.
  2. Delisting date: The company's stock will be delisted within fifteen trading days after the Shenzhen Stock Exchange's decision to terminate the listing.
  3. According to Article 9.1.15 of the Shenzhen Stock Exchange Listing Rules, the company's stock will not enter a delisting transition period.
  4. Investors, securities companies, and other market participants are advised to settle stock pledge repurchase, agreed repurchase, margin financing, stock transfer, and other related businesses before the stock is delisted.
  5. For judicial freeze businesses expiring between the delisting and the completion of the initial registration in the delisting sector, it is recommended that the competent authorities handle the renewal procedures in advance through the original enforcement channels before the stock is delisted.

On May 25, 2026, WanFang Urban Investment Development Co., Ltd. (hereinafter referred to as "the Company") received the Shenzhen Stock Exchange's decision on the termination of the listing of the Company's stock (Shenzhen Stock Exchange [2026] No. 717). The Shenzhen Stock Exchange has decided to terminate the listing of the Company's stock. The relevant content is announced as follows:

1. Type of Securities to be Delisted, Stock Abbreviation, Stock Code

Type of securities: RMB ordinary shares
Stock abbreviation: *ST WanFang

The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

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