Special Reminder:
- From July 26, 2024, to August 22, 2024, the closing price of Weichuang Group Co., Ltd. (hereinafter referred to as "the Company") stock has been below 1 RMB for 20 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Listing Rules (2024 Revision)," if a company's stock closing price is 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 situations do not enter a delisting adjustment period. Investors are advised to be aware of investment risks.
- According to Article 9.2.6 of the "Shenzhen Stock Exchange Listing Rules (2024 Revision)," the Company's stock will be suspended from trading starting from August 23, 2024 (Friday).
- 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 its stock listing before the next trading day opens, and continue to disclose this risk every trading day until the situation is resolved or the termination of listing occurs (whichever comes first). Investors are advised to invest rationally and be aware of investment risks.
I. Reasons for the Termination of Company Stock Listing
According to Articles 9.2.1 and 9.1.15 of the "Shenzhen Stock Exchange Listing Rules (2024 Revision)," if a company listed on the Shenzhen Stock Exchange, which only issues A-shares, has a closing price below 1 RMB for 20 consecutive trading days, the Shenzhen Stock Exchange will terminate its stock listing. Stocks that are delisted due to trading-related mandatory delisting situations do not enter a delisting adjustment period. The Company and all members of the Board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
From July 26, 2024, to August 22, 2024, the Company's stock closing price has been below 1 RMB for 20 consecutive trading days, and the stock will be terminated from listing on the Shenzhen Stock Exchange.