Risk Warning Announcement Regarding Possible Termination of Listing Due to Stock Price Falling Below Par Value
The company and its directors, supervisors, and senior management guarantee that the content of this announcement is true, accurate, and complete, and they bear responsibility for any false records, misleading statements, or significant omissions in the announcement.
Special Reminder:
- As of June 6, 2023, the stock closing price of Hunan Tianrun Digital Entertainment Culture Media Co., Ltd. (hereinafter referred to as "*ST Tianrun" or "the Company") has been below 1 RMB for sixteen consecutive trading days. According to Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, if the company's stock closing price remains below 1 RMB per share for twenty consecutive trading days, the stock will be terminated from listing on the Shenzhen Stock Exchange.
- According to Article 9.2.3 of the Shenzhen Stock Exchange Listing Rules, the company must disclose a risk warning announcement regarding the possibility of termination of listing due to the stock price falling below par value, and subsequently disclose this risk daily until the situation is resolved or a decision to terminate the listing is made by the Shenzhen Stock Exchange. Investors are advised to invest rationally and pay attention to risks.