002118SZSE

Fifth Risk Warning Announcement Regarding Possible Delisting Due to Stock Price Falling Below Par Value

*ST Zixin Co., Ltd.··3 pages

✨ AI Summary

This announcement serves as a fifth risk warning regarding the potential delisting of the company's stock due to its price falling below par value. As of June 7, 2023, the stock closed at 0.49 CNY, having been below 1 CNY for fourteen consecutive trading days. If this trend continues, the Shenzhen Stock Exchange may decide to delist the stock without a grace period. Investors are urged to exercise caution.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Jilin Zixin Pharmaceutical Co., Ltd. and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2023 Revision)," as of June 7, 2023, the company's stock closing price was 0.49 CNY/share, and it has been below 1 CNY for fourteen consecutive trading days. Even if the stock experiences a price increase for the next six trading days, it will still trigger delisting indicators due to the stock price being below 1 CNY for twenty consecutive trading days. If this occurs, the Shenzhen Stock Exchange will make a delisting decision within the specified period, and the stock will not enter a delisting adjustment period.
  2. According to Article 9.2.3 of the "Shenzhen Stock Exchange Stock Listing Rules (2023 Revision)," the company must disclose a risk warning announcement regarding the possibility of delisting due to the stock price falling below par value. This announcement will be disclosed daily until the situation is resolved or until the Shenzhen Stock Exchange makes a delisting decision. 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.