Announcement on Receiving the Administrative Penalty Decision from the Dalian Regulatory Bureau of the China Securities Regulatory Commission
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.
Important Content Reminder:
- The company's stock closing price has been below par value (1 RMB) for 20 consecutive trading days (from April 30, 2020, to June 2, 2020). According to Article 14.4.1 of the Shenzhen Stock Exchange Listing Rules, the Exchange may decide to terminate the listing of the company's stock if the closing price remains below par value for 20 consecutive trading days. The company's stock was suspended from trading on June 3, 2020, and the Exchange will decide on the termination of the listing within 15 trading days from the suspension.
Dalian Tianbao Green Food Co., Ltd. (hereinafter referred to as "the Company") received a notice of investigation from the China Securities Regulatory Commission (CSRC) on May 21, 2019, due to suspected violations of information disclosure laws. The specific details were disclosed in the announcement on May 22, 2019 (Announcement No. 2019-056). The Company disclosed progress and risk warnings regarding the investigation on June 22, July 23, August 23, September 24, and October 23, 2019 (Announcements No. 2019-070, 2019-074, 2019-089, 2019-104, 2019-109).