000861SZSE

Announcement on the Tenth 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, which closed at 0.77 CNY as of August 1, 2024, remaining below 1 CNY for 18 consecutive trading days. If the stock price remains below 1 CNY for 20 consecutive trading days, it may face delisting. The company emphasizes the importance of rational investment and risk awareness.

Summary generated by AI · Always verify with source document

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 No.: 2024-53

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 CNY/share. According to Article 9.2.3 of the "Shenzhen Stock Exchange Stock Listing Rules" (2024 Revision), if a listed company first appears with a stock closing price below 1 CNY, it must disclose a risk warning announcement regarding the possible termination of its stock listing before the next trading day opens.
  2. As of August 1, 2024, the closing price of the Company's stock was 0.77 CNY/share, having remained below 1 CNY for 18 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules" (2024 Revision), if the stock closing price remains below 1 CNY for 20 consecutive trading days, the stock will be delisted from the Shenzhen Stock Exchange. According to Article 9.1.15 of the "Shenzhen Stock Exchange Stock Listing Rules" (2024 Revision), if the stock is terminated due to trading-related mandatory delisting circumstances, it will not enter the delisting arrangement period. Investors are advised to invest rationally and pay attention to risks.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.