Risk Warning
- On May 9, 2024, the company disclosed an announcement regarding receiving a notice of investigation from the China Securities Regulatory Commission (Announcement No. 2024-016) due to suspected violations of information disclosure laws, including failure to timely disclose the annual report.
- On July 6, 2024, the company announced the implementation of delisting risk warnings and trading suspension arrangements (Announcement No. 2024-025). The company was suspended from trading from May 6, 2024, to July 5, 2024, and failed to disclose the 2023 annual report and the first quarter report for 2024. The company resumed trading on July 9, 2024, with delisting risk warnings.
- According to Article 9.4.18 of the Shenzhen Stock Exchange Listing Rules, if the company does not disclose more than half of the directors' guarantees of the authenticity, accuracy, and completeness of the 2023 annual report within two months from the date of the delisting risk warning, the Shenzhen Stock Exchange will decide to terminate the company's stock listing. Investors are advised to pay attention to investment risks.