000918SZSE

Announcement on Abnormal Fluctuations and Severe Abnormal Fluctuations in Stock Trading

*ST Jiakai Co., Ltd.··3 pages

✨ AI Summary

This announcement informs that the stock price of Jiakai City Group Co., Ltd. has fallen below 1 yuan for twenty consecutive trading days, risking delisting. The company confirms no undisclosed significant information affecting stock prices. The stock has experienced abnormal trading fluctuations, with a cumulative decline exceeding 12% over three days. Trading will be suspended starting June 1, 2023, due to these circumstances.

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Full Translation

AI Translation· azure_openai

Announcement on Abnormal Fluctuations and Severe Abnormal Fluctuations in Stock Trading

Securities Code: 000918
Securities Abbreviation: *ST Jiakai
Announcement Number: 2023-050

Jiakai City Group Co., Ltd. and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. As of May 31, 2023, the closing price of Jiakai City Group Co., Ltd. (hereinafter referred to as "the Company") has been below 1 yuan for twenty consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2023 Revision)," if the closing price of the company's stock remains below 1 yuan for twenty consecutive trading days, the stock may be delisted by the Shenzhen Stock Exchange.
  2. According to Article 9.2.4 of the "Stock Listing Rules," if a listed company encounters a mandatory delisting situation, it must disclose this fact before the market opens on the next trading day, and the company's stock will be suspended after the announcement.

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