Announcement on Receipt of Prior Notice of Delisting
Wichain Group Co., Ltd. (hereinafter referred to as "the Company") received the "Prior Notice" (Company Department Letter [2024] No. 207) issued by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") on August 23, 2024. The relevant content is announced as follows:
"Your company's stock has had a daily closing price below 1 yuan for twenty consecutive trading days from July 26, 2024, to August 22, 2024, which triggers the delisting conditions specified in Article 9.2.1, Item 4 of the SZSE's 'Stock Listing Rules (2024 Revision)'. The SZSE intends to decide to terminate the listing of your company's stock.