002118SZSE

Seventh Risk Warning Announcement Regarding Possible Termination of Listing Due to Stock Price Below Par Value

*ST Zixin Co., Ltd.··3 pages

✨ AI Summary

This announcement serves as a risk warning regarding the potential termination of listing for Jilin Zixin Pharmaceutical Co., Ltd. due to its stock price being below par value. As of June 9, 2023, the stock closed at 0.45 CNY, having been below 1 CNY for sixteen consecutive trading days. The company will continue to disclose this risk daily until the situation is resolved or a termination decision is made by the Shenzhen Stock Exchange.

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Full Translation

AI Translation· azure_openai

Jilin Zixin Pharmaceutical Co., Ltd. (Stock Code: 002118, Stock Abbreviation: *ST Zixin)
Announcement No.: 2023-078

The company 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 9, 2023, the company's stock closing price was 0.45 CNY/share, and the stock price has been below 1 CNY for sixteen consecutive trading days. Even if the stock price rises to the daily limit for the next four trading days, it will still trigger the delisting criteria due to being below 1 CNY for twenty consecutive trading days. If this delisting criterion is triggered, the Shenzhen Stock Exchange will make a decision to terminate the listing of the company's stock within the prescribed period, and the stock will not enter the 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 termination of listing due to the stock price being below par value. This announcement will be disclosed daily until the relevant situation is resolved or until the Shenzhen Stock Exchange makes a decision to terminate the listing of the company's stock. Investors are advised to invest rationally and pay attention to risks.

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