000732SZSE

Risk Warning Announcement Regarding Possible Termination of Listing Due to Stock Price Below Par Value

ST Taihe Co., Ltd.··2 pages

✨ AI Summary

This announcement serves to inform investors that the stock price of Taihe Group Co., Ltd. has been below 1 yuan for thirteen consecutive trading days as of May 24, 2023. If this trend continues for twenty trading days, the stock may be delisted. The company has issued multiple warnings and is currently facing significant financial challenges, including negative net profits and overdue debts. Investors are urged to exercise caution.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Taihe Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.

Special Reminder:

  1. As of May 24, 2023, the closing price of the Company's stock has been below 1 yuan for thirteen consecutive trading days. According to Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, if the closing price of the Company's stock remains below 1 yuan per share for twenty consecutive trading days, the stock will be delisted from the Shenzhen Stock Exchange.
  2. According to Article 9.2.3 of the Shenzhen Stock Exchange Listing Rules, the Company must disclose a risk warning announcement regarding the potential termination of listing due to the stock price being below par value. This announcement will be disclosed daily until the relevant situation is resolved or the Shenzhen Stock Exchange makes a decision to terminate the listing of the Company's stock. Investors are advised to make prudent decisions, invest rationally, and pay attention to investment risks.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.