Special Reminder:
- According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)" (hereinafter referred to as the "Listing Rules"), companies listed on the Shenzhen Stock Exchange that only issue A-shares or B-shares will have their stock delisted if their daily closing price is below 1 yuan for twenty consecutive trading days. As of July 24, 2024, the closing price of Guangdong Huatie Tongda High-speed Equipment Co., Ltd. (hereinafter referred to as "the Company") has been below 1 yuan for nineteen consecutive trading days, indicating a risk of termination of listing due to the stock price falling below par value. Investors are advised to invest rationally and be aware of the 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 advised to invest rationally and be aware of the 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 their daily closing price is below 1 yuan for twenty consecutive trading days. As of July 24, 2024, the closing price of the Company’s stock is 0.43 yuan, and it has been below 1 yuan for nineteen consecutive trading days, indicating a risk of termination of listing due to the stock price falling below par value.