000687SZSE

Progress on Other Risk Warning Measures for Company Stock and Risk Reminder Announcement

Huaxun Technology Co., Ltd.··13 pages

✨ AI Summary

This announcement informs investors about the ongoing risk warning measures for the company's stock, which is set to be delisted after the trading period ends on June 16, 2022. The company has faced issues related to unauthorized guarantees, with a total liability of approximately 50.24 million yuan. Investors are advised to exercise caution due to the potential financial implications and uncertainties surrounding ongoing legal matters.

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Full Translation

AI Translation· azure_openai

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.

Special Risk Reminder:

  1. Huaxun Ark Co., Ltd. (hereinafter referred to as "the Company") stock will be delisted on the next trading day after the end of the delisting adjustment period. The stock will cease to be listed after trading for 15 trading days, starting from May 26, 2022, with the last trading day expected to be June 16, 2022. As of May 27, 2022, the company's stock has traded for 2 days, leaving 13 trading days remaining. The stock will be delisted after this period, and investors are advised to invest cautiously and be aware of the risks.
  2. The company has violated regulations by providing guarantees without following proper procedures. According to the Shenzhen Stock Exchange's Listing Rules (2022 revision) Articles 9.8.2 and 9.8.4, the company's stock has been subject to "other risk warnings" since December 2, 2020 (see the announcement dated December 2, 2020, Announcement No. 2020-151). On December 18, 2020, the company disclosed additional violations regarding unauthorized guarantees, which also fall under the aforementioned risk warning regulations (see the announcement dated December 18, 2020, Announcement No. 2020-156).

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