002308SZSE

Risk Warning Announcement Regarding Possible Termination of Listing Due to Stock Price Falling Below Par Value

*ST Weichuang Co., Ltd.··2 pages

✨ AI Summary

This announcement serves to inform investors that Weichuang Group Co., Ltd. has experienced a stock closing price of 0.96 CNY per share as of July 26, 2024, which is below the par value of 1 CNY. According to the Shenzhen Stock Exchange regulations, this may lead to the termination of the company's stock listing. The company is actively working to rectify the situation and ensure compliance with disclosure requirements.

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Full Translation

AI Translation· azure_openai

Risk Warning Announcement Regarding Possible Termination of Listing Due to Stock Price Falling Below Par Value

Special Reminder:

  1. Weichuang Group Co., Ltd. (hereinafter referred to as "the Company") had a closing stock price of 0.96 CNY per share on July 26, 2024, marking the first time the closing price fell below 1 CNY. According to Article 9.2.3 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if a listed company’s stock closes below 1 CNY for the first time, it must disclose a risk warning announcement regarding the potential termination of its stock listing before the next trading day. Investors are advised to invest rationally and be aware of investment risks.

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