000671SZSE

Announcement on Abnormal Fluctuations in Stock Trading of Sunshine City

ST Sunshine City Co., Ltd.·June 5, 2023·3 pages

✨ AI Summary

This announcement addresses the abnormal fluctuations in the stock trading of Sunshine City (stock code: 000671), which saw a cumulative decline exceeding 12% over three consecutive trading days. The company confirmed no undisclosed significant information affecting stock prices and noted ongoing financial concerns, including a substantial net loss for 2022. The stock may face delisting due to trading below 1 RMB per share for an extended period.

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Full Translation

AI Translation· azure_openai

Securities Code: 000671
Securities Abbreviation: ST Sunshine City
Announcement Number: 2023-058

Announcement on Abnormal Fluctuations in Stock Trading of Sunshine City Group Co., Ltd.

The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

I. Situation of Abnormal Stock Trading Fluctuations

The stock of Sunshine City Group Co., Ltd. (hereinafter referred to as "the Company" or "this Company") with the stock abbreviation "ST Sunshine City" (stock code: 000671) experienced a cumulative closing price decline exceeding 12% over three consecutive trading days on June 1, June 2, and June 5, 2023. According to the relevant provisions of the Shenzhen Stock Exchange Trading Rules, this constitutes a situation of abnormal stock trading price fluctuations.

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