Securities Code: 000687
Securities Abbreviation: *ST Huaxun
Announcement Number: 2022-061
Huaxun Ark Co., Ltd. and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or major omissions.
On April 28, 2022, Huaxun Ark Co., Ltd. (hereinafter referred to as "the Company") received the "Prior Notice" (Company Department Letter [2022] No. 138) issued by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). The Company hereby announces the specific content of the "Prior Notice" and the risk warning regarding the possible termination of its stock listing as follows:
I. Specific Content of the "Prior Notice"
On April 30, 2021, due to the Company's audited net profit for the year 2020 being negative and operating revenue being below 100 million yuan, with negative net assets at the end of the period, the financial accounting report for the year 2020 was issued with an audit report expressing an inability to express an opinion, resulting in the implementation of delisting risk warning for the Company's stock.