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 as of May 23, 2023, the stock price of Taihe Group Co., Ltd. has been below 1 yuan for twelve consecutive trading days. If this continues for twenty trading days, the stock may be delisted. The company has issued multiple warnings and is currently facing significant financial challenges, including a negative net profit. Investors are urged to exercise caution.

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Full Translation

AI Translation· azure_openai

Taihe Group Co., Ltd. (Stock Code: 000732, Stock Abbreviation: ST Taihe)
Announcement No.: 2023-036

This announcement is to inform that the company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

Special Reminder:

  1. As of May 23, 2023, the closing price of Taihe Group Co., Ltd. stock has been below 1 yuan for twelve consecutive trading days. According to Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, if the stock price remains below 1 yuan per share for twenty consecutive trading days, the stock will be delisted from the Shenzhen Stock Exchange.
  2. In accordance with 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 situation is resolved or the Shenzhen Stock Exchange makes a decision to delist the stock. Investors are advised to make prudent decisions and be aware of investment risks.

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