Risk Warning
- On May 9, 2024, the company disclosed the announcement titled "Announcement on the Company's Receipt of the China Securities Regulatory Commission's Case Notification" (Announcement No. 2024-016), indicating that the company is under investigation by the CSRC for failing to timely disclose its annual report and other information.
- On July 6, 2024, the company disclosed the announcement titled "Announcement on the Implementation of Delisting Risk Warning and Suspension/Resumption of Trading" (Announcement No. 2024-025), stating that the company failed to disclose the 2023 annual report and the 2024 first-quarter report during the two-month suspension from May 6 to July 5, 2024. The company resumed trading on July 9, 2024, with a delisting risk warning.
- According to Article 9.4.18 (1) of the Shenzhen Stock Exchange Listing Rules, if the company does not disclose more than half of the directors' guarantees of the authenticity, accuracy, and completeness of the 2023 annual report within two months from the date of the delisting risk warning, the Shenzhen Stock Exchange will decide to terminate the company's stock listing. Investors are advised to be cautious of investment risks.