Stock Code: 002113
Stock Abbreviation: *ST Tianrun
Announcement Number: 2023-061
Hunan Tianrun Digital Entertainment Culture Media Co., Ltd. announces the risk warning regarding the suspension and potential delisting of its stock. 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:
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As of June 12, 2023, the closing price of Hunan Tianrun Digital Entertainment Culture Media Co., Ltd. (hereinafter referred to as "*ST Tianrun" or "the Company") was 0.41 RMB per share. The stock price has been below 1 RMB for 20 consecutive trading days (from May 16, 2023, to June 12, 2023), triggering the mandatory delisting provisions under the Shenzhen Stock Exchange Listing Rules (2023 Revision) (hereinafter referred to as "Listing Rules"). According to relevant regulations, the company's stock will be suspended from trading starting June 13, 2023 (Tuesday), and there is a risk of delisting.
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According to Article 9.1.15 of the Listing Rules, "If a listed company's stock is forcibly delisted by the Exchange, it enters a delisting transition period, except for cases of mandatory delisting due to trading circumstances." Therefore, the company's stock will not enter a delisting transition period. The stock price has been below 1 RMB for 20 consecutive trading days (from May 16, 2023, to June 12, 2023), and according to the relevant provisions of the Listing Rules, the company's stock will be delisted.