000861SZSE

Announcement No. 2024-43 on the Sixth Risk Warning Regarding Possible Termination of Company Stock Listing

Haiyin Co., Ltd.··4 pages

✨ AI Summary

This announcement serves as a sixth risk warning regarding the potential termination of Guangdong Haiyin Group Co., Ltd.'s stock listing due to its stock price falling below 1 RMB. As of July 12, 2024, the stock price was 0.91 RMB, having been below 1 RMB for 14 consecutive trading days. If the price remains below 1 RMB for 20 consecutive trading days, the stock will be delisted.

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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 No.: 2024-43

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 announcement regarding the potential termination of its stock listing before the next trading day.
  2. As of July 12, 2024, the closing price of the Company's stock was 0.91 RMB/share, having been below 1 RMB for 14 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 a mandatory delisting condition, it will not enter a delisting adjustment period. Investors are advised to invest rationally and pay attention to risks.

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