002308SZSE

Ninth Risk Warning Announcement Regarding Possible Delisting Due to Stock Price Falling Below Par Value

*ST Weichuang Co., Ltd.··3 pages

✨ AI Summary

This announcement serves as a risk warning regarding the potential delisting of Weichuang Group Co., Ltd. due to its stock price being below 1 RMB for 17 consecutive trading days as of August 19, 2024. If the stock price remains below 1 RMB for 20 consecutive trading days, delisting will occur without a grace period. The company is actively working to improve its financial disclosures and comply with regulatory requirements.

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Full Translation

AI Translation· azure_openai

Special Reminder:

  1. As of August 19, 2024, the closing price of Weichuang Group Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB for 17 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if the closing price of the Company's stock remains below 1 RMB for 20 consecutive trading days, the stock will be delisted from the Shenzhen Stock Exchange. Stocks that are delisted due to trading-related mandatory delisting conditions will not enter a delisting adjustment period. Investors are advised to be aware of investment risks.

  2. According to Article 9.2.4 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if a listed company has a closing price below 1 RMB for 10 consecutive trading days, it must disclose a risk warning announcement regarding the potential delisting of its stock before the next trading day opens, and continue to disclose this warning daily until the situation is resolved or the delisting occurs (whichever comes first). Investors are encouraged to invest rationally and be aware of investment risks.

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