002220SZSE

Announcement on the Tenth Risk Warning Regarding Possible Termination of Stock Listing

Tianbao Holdings··4 pages

✨ AI Summary

This announcement serves as a risk warning regarding the potential termination of the company's stock listing due to its closing price being below par value for 19 consecutive trading days. If the stock price remains below par after resuming trading on June 2, 2020, the company may face delisting. Investors are advised to be cautious and rational in their investments.

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Full Translation

AI Translation· azure_openai

Dalian Tianbao Green Food 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 major omissions.

Important Content Reminder:

  • The closing price of the company's stock has been below par value (i.e., 1 RMB) for 19 consecutive trading days (from April 30, 2020, to May 29, 2020). According to Article 14.4.1, Item 18 of the Shenzhen Stock Exchange Listing Rules: "For listed companies that only issue A-shares on the Shenzhen Stock Exchange, if the daily closing price of the stock is below par value for 20 consecutive trading days (excluding days when the stock is suspended for the entire day), the Shenzhen Stock Exchange has the right to decide to terminate the company's stock listing." Since the company's stock was suspended for one day on June 1, 2020 (Monday), the aforementioned 20 trading days do not include the day of full suspension. If the company's stock closes below par value after resuming trading on June 2, 2020 (Tuesday), the stock may be terminated from listing. Investors are advised to pay attention to investment risks and invest rationally.

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