This announcement informs investors that the stock of Jiakai City Group Co., Ltd. has closed below 1 yuan for twelve consecutive trading days as of May 19, 2023. If the stock price remains below 1 yuan for twenty consecutive trading days, it may face delisting from the Shenzhen Stock Exchange. The company has issued prior warnings and urges investors to be cautious.
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The stock code: 000918
Stock abbreviation: *ST Jiakai
Announcement number: 2023-038
Jiakai City Group Co., Ltd. (hereinafter referred to as "the Company" or "this Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
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