002089SZSE

Announcement on Receiving the Decision to Terminate Stock Listing

Xinhai Retreat Co., Ltd.··4 pages

✨ AI Summary

This announcement informs that Shenzhen Securities Exchange has decided to terminate the listing of *ST Xin Hai's stock due to significant violations. The stock will enter a delisting transition period starting March 26, 2024, lasting fifteen trading days, with the expected last trading day on April 17, 2024. Investors are advised to settle related transactions before delisting.

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Full Translation

AI Translation· azure_openai

Securities Code: 002089
Securities Abbreviation: *ST Xin Hai
Announcement Number: 2024-026

Xin Hai Yi Technology Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

  1. Type of securities to be delisted: Renminbi ordinary shares, securities abbreviation: *ST Xin Hai, securities code: 002089.
  2. Start date of the delisting transition period: March 26, 2024, with a trading period of fifteen trading days, and the expected last trading day is April 17, 2024.
  3. During the delisting transition period, the stock will be traded on the risk warning board. On the first trading day of the transition period, there will be no price fluctuation limits; thereafter, the daily price fluctuation limit will be 10%.
  4. Investors, securities companies, and other market participants are advised to settle stock pledge repurchase, agreed repurchase, margin financing, transfer, and Shenzhen Stock Connect transactions in a timely manner before the stock is delisted.
  5. For judicial freeze transactions expiring after the stock is delisted and before the completion of the initial registration in the delisting sector, it is recommended that the competent authorities handle the renewal procedures in advance through the original enforcement channels before the stock is delisted.

On March 18, 2024, Xin Hai Yi Technology Group Co., Ltd. received the "Decision on the Termination of Stock Listing of Xin Hai Yi Technology Group Co., Ltd." (Shenzhen Stock Exchange [2024] No. 189) issued by the Shenzhen Stock Exchange, which decided to terminate the listing of the Company's stock.

1. Type of securities to be delisted, securities abbreviation, and securities code

  1. Type of securities: Renminbi ordinary shares
  2. Securities abbreviation: *ST Xin Hai
  3. Securities code: 002089

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