002308SZSE

Announcement of Abnormal Stock Trading Fluctuations of *ST Weichuang

*ST Weichuang Co., Ltd.·August 7, 2024·3 pages

✨ AI Summary

This announcement addresses the abnormal trading fluctuations of *ST Weichuang's stock, which saw a cumulative decline exceeding 12% over three consecutive trading days. The company confirms no significant changes in its operations or undisclosed major information affecting stock prices. It emphasizes compliance with disclosure obligations and warns investors of potential risks related to ongoing investigations and litigation.

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Full Translation

AI Translation· azure_openai

Risk Warning

On May 9, 2024, the company disclosed an announcement regarding the receipt of a notice of investigation from the China Securities Regulatory Commission (CSRC) (Announcement No. 2024-016) due to suspected violations of timely disclosure of the annual report and other information.
On July 6, 2024, the company disclosed an announcement regarding the implementation of delisting risk warnings and trading suspension arrangements (Announcement No. 2024-025). The company was suspended from trading from May 6, 2024, to July 5, 2024, and failed to disclose the 2023 annual report and the first quarter report for 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 pay attention to investment risks.

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