000861SZSE

Announcement on the Ninth Risk Warning Regarding Possible Termination of Company Stock Listing

Haiyin Co., Ltd.··4 pages

✨ AI Summary

This announcement serves as a risk warning regarding Guangdong Haiyin Group Co., Ltd.'s stock potentially being delisted. As of July 17, 2024, the stock price has been below 1 RMB for 17 consecutive trading days, with a closing price of 0.86 RMB. If the price remains below 1 RMB for 20 consecutive trading days, delisting will occur without a grace period. Investors are advised to exercise caution.

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Full Translation

AI Translation· azure_openai

Guangdong Haiyin Group Co., Ltd. Announcement (2024)
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Securities Code: Haiyin Shares
Securities Abbreviation: 000861
Announcement Number: 2024-48

Important Content Reminder:

  1. On June 25, 2024, the closing price of Guangdong Haiyin Group Co., Ltd. (hereinafter referred to as "the Company" or "Haiyin Shares") was 0.99 RMB/share. According to Article 9.2.3 of the "Shenzhen Stock Exchange Stock Listing Rules" (2024 Revision), if a listed company first experiences a closing price below 1 RMB, it must disclose a risk warning regarding the potential termination of its stock listing before the next trading day.
  2. As of July 17, 2024, the closing price of the Company's stock was 0.86 RMB/share, having been below 1 RMB for 17 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules" (2024 Revision), if the closing price remains below 1 RMB for 20 consecutive trading days, the Company's stock will be terminated from listing on the Shenzhen Stock Exchange. According to Article 9.1.15 of the "Shenzhen Stock Exchange Stock Listing Rules" (2024 Revision), if the Company's stock is terminated due to reaching mandatory delisting conditions, it will not enter a delisting adjustment period. Investors are advised to invest rationally and pay attention to risks.

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