000982SZSE

Ningxia Zhongyin Rongye Co., Ltd. Sixth Risk Warning Announcement on Possible Delisting Due to Stock Price Below Par Value

China Bank of Wool Co., Ltd.··4 pages

✨ AI Summary

This announcement serves as a sixth risk warning regarding the potential delisting of Ningxia Zhongyin Rongye Co., Ltd. due to its stock price falling below par value. As of June 13, 2024, the stock price was 0.32 CNY, having been below 1 CNY for 14 consecutive trading days. If the price remains below 1 CNY for 20 consecutive trading days, delisting will occur without a grace period.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Ningxia Zhongyin Rongye 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, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. On May 24, 2024, the closing price of Ningxia Zhongyin Rongye Co., Ltd. stock was 0.99 CNY/share. According to Article 9.2.3 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if a listed company first experiences a closing price below 1 CNY, it must disclose a risk warning announcement regarding the potential delisting of its stock or depositary receipts before the next trading day.
  2. As of June 13, 2024, the closing price of the Company's stock has been below 1 CNY for 14 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if the closing price remains below 1 CNY for 20 consecutive trading days, the Company's stock will be delisted from the Shenzhen Stock Exchange. According to Article 9.1.15 of the same rules, if the Company's stock is delisted due to trading-related mandatory delisting circumstances, it will not enter a delisting adjustment period. Investors are advised to invest rationally and pay attention to risks.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.