002308SZSE

Risk Warning Announcement on Possible Termination of Listing Due to Stock Price Below Par Value - Tenth Notice

*ST Weichuang Co., Ltd.··3 pages

✨ AI Summary

This announcement serves as a risk warning regarding the potential termination of listing for Weichuang Group Co., Ltd. due to its stock price being below 1 RMB for 18 consecutive trading days as of August 20, 2024. If the stock price remains below 1 RMB for 20 consecutive trading days, the listing will be terminated without a delisting adjustment period. Investors are advised to be cautious.

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Full Translation

AI Translation· azure_openai

Special Reminder:

  1. As of August 20, 2024, the closing price of Weichuang Group Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB for 18 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange 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 terminated from listing on the Shenzhen Stock Exchange. Stocks terminated due to trading-related mandatory delisting will not enter a delisting adjustment period. Investors are advised to pay attention to investment risks.
  2. According to Article 9.2.4 of the "Shenzhen Stock Exchange 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 termination of listing before the next trading day opens, and continue to disclose it daily until the situation is resolved or the termination occurs (whichever comes first). Investors are advised to invest rationally and be aware of investment risks.

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