002308SZSE

Announcement of Abnormal Stock Trading Fluctuations

*ST Weichuang Co., Ltd.·August 15, 2024·3 pages

✨ AI Summary

This announcement informs investors of abnormal trading fluctuations in the stock of Weichuang Group Co., Ltd. over three consecutive trading days, with a cumulative decline exceeding 12%. The company confirms no significant changes in its operations or undisclosed major information affecting stock prices. It emphasizes adherence to disclosure obligations and ongoing monitoring of related legal matters.

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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 information disclosure regulations, including failure to timely disclose the annual report.
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 a majority of the board members' guarantees of the authenticity, accuracy, and completeness of the 2023 annual report within two months from the implementation of the delisting risk warning, the Shenzhen Stock Exchange will decide to terminate the company's stock listing. Investors are advised to be aware of investment risks.

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