000693SZSE

Announcement on the Termination of Company Stock Listing

Huaze Retreat Co., Ltd.··3 pages

✨ AI Summary

Chengdu Huaze Cobalt Nickel Materials Co., Ltd. has received a decision from the Shenzhen Stock Exchange to terminate its stock listing due to negative net profits for three consecutive years. The company failed to disclose its annual report by the legal deadline, triggering the delisting criteria. The stock will enter a delisting transition period starting May 27, 2019, and will be removed from the exchange thereafter.

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Full Translation

AI Translation· azure_openai

Chengdu Huaze Cobalt Nickel Materials Co., Ltd. (hereinafter referred to as "the Company") received the Shenzhen Stock Exchange's decision on May 17, 2019, regarding the termination of its stock listing (Shenzhen Stock Exchange [2019] No. 289). On May 17, 2019, the Shenzhen Stock Exchange decided to terminate the Company's stock listing.

1. Types of Securities to be Delisted

  1. Type of Securities: RMB Ordinary Shares
  2. Stock Abbreviation: *ST Huaze
  3. Stock Code: 000693

2. Main Content of the Delisting Decision

The Company has reported negative audited net profits for three consecutive fiscal years (2015, 2016, and 2017), and the financial reports for 2016 and 2017 received audit opinions that could not express an opinion. The Company's stock has been suspended from listing since July 13, 2018.

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