000671SZSE

Risk Warning Announcement Regarding Possible Termination of Listing Due to Stock Price Below Par Value

ST Sunshine City Co., Ltd.··2 pages

✨ AI Summary

This announcement informs investors that the stock price of Sunshine City Group Co., Ltd. has been below 1 RMB per share for nineteen consecutive trading days, risking termination of listing. The company must disclose this risk daily until the situation is resolved or a decision is made by the Shenzhen Stock Exchange. Investors are urged to make cautious decisions and be aware of investment risks.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

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

Special Reminder

  1. As of June 8, 2023, the stock closing price of Sunshine City Group Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB per share for nineteen consecutive trading days, and it is expected to remain below 1 RMB per share for twenty consecutive trading days. According to Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, the Company's stock may be terminated from listing by the Shenzhen Stock Exchange.
  2. According to Article 9.2.3 of the Shenzhen Stock Exchange Listing Rules, the Company must disclose a risk warning announcement regarding the potential termination of listing due to stock price being below par value, and this must be disclosed daily until the situation is resolved or a decision is made by the Shenzhen Stock Exchange regarding the termination of the Company's stock listing.
  3. Stocks that are terminated from listing due to triggering mandatory delisting conditions will not enter a delisting adjustment period. Investors are advised to make prudent decisions and invest rationally, paying attention to investment risks.

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