000667SZSE

Announcement on Abnormal Fluctuations in Stock Trading

ST Mei Zhi Co., Ltd.··3 pages

✨ AI Summary

This announcement informs investors about abnormal fluctuations in the stock price of Meihua Real Estate Group Co., Ltd., which has closed below 1 RMB per share for fifteen consecutive trading days. The company warns that it may face delisting if this trend continues. The board confirms no undisclosed significant information affecting the stock price and urges investors to make cautious decisions.

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Full Translation

AI Translation· azure_openai

Meihua Real Estate Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder: As of May 18, 2023, the closing price of Meihua Real Estate Group Co., Ltd. (stock abbreviation: ST Meizhi, stock code: 000667) has been below 1 RMB per share for fifteen consecutive trading days and is expected to remain below 1 RMB per share for twenty consecutive trading days. According to Article 9.2.1 and Article 9.1.15 of the Shenzhen Stock Exchange Listing Rules, the Company's stock may be subject to termination of listing by the Shenzhen Stock Exchange without entering the delisting arrangement period. Investors are advised to make prudent decisions, invest rationally, and pay attention to investment risks.

I. Situation of Abnormal Stock Trading Fluctuations

The trading price of Meihua Real Estate Group Co., Ltd. (stock abbreviation: ST Meizhi, stock code: 000667) has deviated by more than 12% over three consecutive trading days (May 16, May 17, and May 18, 2023), which constitutes an abnormal fluctuation in stock trading according to relevant provisions of the Shenzhen Stock Exchange Trading Rules.

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