This announcement outlines the historical financial performance of Shantou Hongye (Group) Co., Ltd., detailing significant losses over several years leading to its delisting. Key figures include a total debt of 150.61 million yuan and a cumulative loss of 46.65 million yuan by 2002. The company is actively negotiating the transfer of shareholders' shares and will disclose updates as required.
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The Shantou Hongye (Group) Co., Ltd. was approved for establishment on May 9, 1992, and registered on November 18, 1992. The company publicly issued 13.5 million A shares in December 1996 and was listed on the Shenzhen Stock Exchange. Due to significant losses and legal issues, the company faced delisting after three consecutive years of losses.
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