Special Reminder:
- According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)" (hereinafter referred to as "Listing Rules"), companies listed on the Shenzhen Stock Exchange that only issue A-shares or B-shares will have their stock delisted if the daily closing price is below 1 RMB for 20 consecutive trading days. As of July 23, 2024, the closing price of Guangdong Huatie Tongda High-speed Equipment Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB for 18 consecutive trading days, indicating a risk of termination of listing due to the stock price falling below par value. Investors are urged to invest rationally and pay attention to risks.
- According to Article 9.1.15 of the Listing Rules, if a company's stock is terminated due to mandatory delisting circumstances, it will not enter a delisting adjustment period. Investors are urged to invest rationally and pay attention to risks.
I. Reasons for Possible Termination of Listing
According to Article 9.2.1 of the Listing Rules, companies listed on the Shenzhen Stock Exchange that only issue A-shares or B-shares will have their stock delisted if the daily closing price is below 1 RMB for 20 consecutive trading days. As of July 23, 2024, the closing price of the Company’s stock is 0.45 RMB, and it has been below 1 RMB for 18 consecutive trading days, indicating a risk of termination of listing due to the stock price falling below par value.