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, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
- The Company's stock will be suspended for one day on June 1, 2020 (Monday) and will resume trading on June 2, 2020 (Tuesday).
- Starting from June 2, 2020 (Tuesday), the Company's stock will be subject to "delisting risk warning" special treatment, with the stock abbreviation changing from "ST Tianbao" to "*ST Tianbao."
- After the implementation of the "delisting risk warning," the daily price fluctuation limit for stock trading will be 5%.
- 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, if a company listed only with A-shares has a daily closing price below par value for 20 consecutive trading days (excluding days when the stock is fully suspended), 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 closing price of the Company's stock remains below par value after resuming trading on June 2, 2020 (Tuesday), the stock may be delisted. Investors are advised to pay attention to investment risks and invest rationally.
Due to the Company's negative net profits attributable to shareholders of the listed company for two consecutive accounting years (2018 and 2019), and the 2019 annual report being issued an audit report with no opinion by Grant Thornton (Special General Partnership), the Shenzhen Stock Exchange will implement "delisting risk warning" special treatment for the Company's stock. The relevant matters are announced as follows: