Securities Code: 000851
Securities Abbreviation: *ST Gaohong
Announcement Number: 2025-128
Datang Gaohong Network Co., Ltd. announces that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
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As of September 19, 2025, the closing price of Datang Gaohong Network Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB for fifteen consecutive trading days. According to Article 9.2.1 and Article 9.1.15 of the Shenzhen Stock Exchange Listing Rules (hereinafter referred to as "the Listing Rules"), if a company listed on the Shenzhen Stock Exchange that only issues A shares has a closing price below 1 RMB for twenty consecutive trading days, the Shenzhen Stock Exchange will terminate its stock listing. Stocks that are terminated due to trading-related mandatory delisting situations will not enter a delisting arrangement period. Investors are advised to be cautious of investment risks.
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According to Article 9.2.4 of the Listing Rules, if a company listed on the Shenzhen Stock Exchange that only issues A shares has a closing price below 1 RMB for ten consecutive trading days, it must disclose a risk warning announcement regarding the possible termination of its stock listing before the next trading day opens, and continue to disclose it every trading day until the situation is resolved or the termination of listing occurs (whichever comes first). Investors are advised to be cautious of investment risks.