000671SZSE

Risk Warning Announcement on the Termination of Company Stock Listing and Suspension of Trading

ST Sunshine City Co., Ltd.··3 pages

✨ AI Summary

This announcement informs that Sunshine City Group Co., Ltd. has faced a continuous stock closing price below 1 RMB for 20 trading days, triggering mandatory delisting rules. As a result, trading of the company's stock will be suspended starting June 12, 2023, and it may be delisted from the Shenzhen Stock Exchange. Investors are advised 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

Sunshine City 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

  1. As of June 9, 2023, the closing price of the Company's stock has been below 1 RMB per share for twenty consecutive trading days, triggering the mandatory delisting provisions under Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules. According to relevant regulations, the Company's stock will be suspended from trading starting June 12, 2023 (Monday), and may be delisted from the Shenzhen Stock Exchange.
  2. Stocks that are delisted due to mandatory trading conditions do not enter a delisting adjustment period. Investors are advised to make prudent decisions, invest rationally, and pay attention to investment risks.

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