002308SZSE

Fifth Risk Warning Announcement Regarding Possible Termination of Company Stock Listing

*ST Weichuang Co., Ltd.··3 pages

✨ AI Summary

This announcement serves as a fifth risk warning regarding the potential termination of the company's stock listing due to failure to disclose the 2023 annual report and the 2024 Q1 report. The Shenzhen Stock Exchange may terminate the listing if the company does not meet disclosure requirements within two months of the risk warning. The company is actively working to rectify the situation and comply with regulatory requirements.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Special Reminder:

  1. Weichuang Group Co., Ltd. (hereinafter referred to as "the Company") disclosed the "Announcement on the Implementation of Delisting Risk Warning and Suspension and Resumption of Trading" (Announcement No. 2024-025) on July 6, 2024. The Company was unable to disclose the 2023 annual report and the 2024 Q1 report within the statutory deadline. The Company's stock has been suspended from trading since May 6, 2024. If the Company fails to disclose the 2023 annual report and the 2024 Q1 report within two months of the suspension, the stock will resume trading on July 9, 2024, with a delisting risk warning implemented.
  2. According to Article 9.4.18 (1) of the Shenzhen Stock Exchange Listing Rules, if the Company does not disclose a report guaranteed by more than half of the directors as true, accurate, and complete within two months from the date of the delisting risk warning, the Shenzhen Stock Exchange will decide to terminate the Company's stock listing.
  3. During the period of delisting risk warning, the Company must disclose a risk warning announcement regarding the possible termination of its stock listing at least once every five trading days. Investors are advised to invest rationally and pay attention to risks.
  4. The Company received two "Notice of Investigation" letters from the China Securities Regulatory Commission (CSRC) on December 22, 2023, and May 8, 2024 (Case No. 0062023038, 0062024011). As of the date of this anno

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.