000732SZSE

Announcement on Receiving the Decision of Stock Termination of Listing

ST Taihe Co., Ltd.··3 pages

✨ AI Summary

This announcement informs that the Shenzhen Stock Exchange has decided to terminate the listing of ST Taihe (stock code: 000732) due to its stock price being below 1 RMB for twenty consecutive trading days. The stock will be delisted within fifteen trading days without entering a delisting transition period. The company is advised to complete necessary procedures before delisting and may apply for a review of the decision within fifteen trading days.

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Full Translation

AI Translation· azure_openai

Taihe Group Co., Ltd. (the "Company") and all members of the Board of Directors, except for Director Chen Jihua, guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

  1. Type of securities to be delisted: RMB ordinary shares, stock abbreviation: ST Taihe, stock code: 000732.
  2. According to Article 9.1.15 of the "Shenzhen Stock Exchange Stock Listing Rules (2023 Revision)" (hereinafter referred to as the "Listing Rules"), "the stocks of listed companies that are forcibly delisted by the Exchange will enter a delisting transition period, except for those that are terminated due to trading-related mandatory delisting circumstances." Therefore, the stocks of Taihe Group Co., Ltd. will not enter a delisting transition period.
  3. Investors, securities companies, and other market participants are advised to settle stock pledge repurchase, agreed repurchase, margin financing, transfer, Shenzhen Stock Connect, and other businesses in a timely manner before the company's stock is delisted.
  4. For judicial freeze businesses that will expire between the stock delisting and the completion of the initial registration in the delisting sector, it is recommended that the competent authorities handle the renewal procedures in advance through the original assistance execution channels before the stock is delisted.

On July 28, 2023, the Company received the "Decision on the Termination of Listing of Taihe Group Co., Ltd. Stocks" (Shenzhen Stock Exchange [2023] No. 668) from the Shenzhen Stock Exchange, which decided to terminate the listing of the Company's stocks.

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