The stock code: 000961
The stock abbreviation: ST Zhongnan
Announcement number: 2024-087
Jiangsu Zhongnan Construction Group Co., Ltd. announces the risk of termination of stock listing and suspension of trading. The controlling shareholder, Zhongnan Urban Construction Investment Co., Ltd., guarantees that the information provided to the company is true, accurate, and complete, with no false records, misleading statements, or significant omissions. The company and all members of the board guarantee that the announcement content is consistent with the information provided by the information disclosure obligor.
Special Reminder: As of May 8, 2024, the closing price of Jiangsu Zhongnan Construction Group Co., Ltd. stock has been below 1 RMB per share for 20 consecutive trading days. According to Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, if a company's stock closing price is below 1 RMB per share for 20 consecutive trading days, the stock will be terminated from listing by the Shenzhen Stock Exchange. The company's stock will be suspended from trading starting from the next trading day after the closing price has been below 1 RMB per share for 20 consecutive trading days, thus the stock will be suspended from trading starting May 9, 2024.
According to Article 9.1.15 of the Listing Rules, stocks of listed companies that are forcibly delisted will enter a delisting adjustment period, except for those terminated from listing due to trading-related mandatory delisting situations. Therefore, the company's stock will not enter a delisting adjustment period. Investors are advised to pay attention to investment risks.