002002SZSE

Announcement on the Termination of Listing and Delisting of Stock and Convertible Bonds of Hongda Xingye Co., Ltd.

ST Hongda Co., Ltd.··3 pages

✨ AI Summary

Hongda Xingye Co., Ltd. announces that its stock and convertible bonds will be delisted from the Shenzhen Stock Exchange on March 18, 2024, due to continuous low closing prices. Investors must resubmit applications for conversion, redemption, or sale after delisting. The company warns of potential risks related to bond buyback defaults and advises investors to exercise caution.

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Full Translation

AI Translation· azure_openai

Hongda Xingye Co., Ltd. and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

  1. The company's stock and convertible bonds have been decided to be delisted by the Shenzhen Stock Exchange and will be removed from listing on March 18, 2024.
  2. According to Article 30 of the "Management Regulations for Convertible Bonds of Delisted Companies," operations such as conversion, redemption, and sale cannot be executed from the time of delisting until the bonds are re-listed. Investors who have submitted applications for these operations must resubmit them after the bonds are listed again.
  3. Given the company's current financial situation, there is a risk of default on the buyback of convertible bonds. Investors are advised to invest rationally and be aware of risks.

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