000752SZSE
🚨 Material Event

Progress Announcement on Application for Withdrawal of Other Risk Warnings

*ST Xifa Co., Ltd.··2 pages

✨ AI Summary

Tibet Development Co., Ltd. has applied to the Shenzhen Stock Exchange to withdraw other risk warnings, with the application currently under review. The company received a court ruling on April 24, 2026, initiating restructuring proceedings, which has led to a delisting risk warning for its stock. The company will continue to disclose information as the situation progresses.

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Full Translation

AI Translation· azure_openai

Progress on Application for Withdrawal of Other Risk Warnings

Tibet Development Co., Ltd. (hereinafter referred to as "the Company" or "Tibet Development") disclosed on April 27, 2026, the announcement regarding the application for withdrawal of other risk warnings and the implementation of delisting risk warnings (Announcement No. 2026-026). The Company has submitted an application to the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") for the withdrawal of other risk warnings. For specific details, please refer to the aforementioned announcement. As of the date of this announcement, the application for withdrawal of other risk warnings submitted to the SZSE is still in the review and supplementary materials stage. According to Article 9.1.12 of the "Shenzhen Stock Exchange Stock Listing Rules" (hereinafter referred to as "Listing Rules"), the period for supplementary materials is not included in the timeframe for the SZSE to make a decision.

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