002308SZSE

Announcement on the Company's Inability to Disclose Progress of the 2023 Annual Report

*ST Weichuang Co., Ltd.··3 pages

✨ AI Summary

The company, Weichuang Group Co., Ltd., announced it cannot disclose the 2023 annual report within the statutory deadline due to ongoing issues. The Shenzhen Stock Exchange has issued a notice of termination of the company's stock listing due to its stock price being below 1 yuan for twenty consecutive trading days. The company is under investigation by the China Securities Regulatory Commission and has not received a conclusive opinion on the matter.

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Full Translation

AI Translation· azure_openai

Announcement on the Company's Inability to Disclose Progress of the 2023 Annual Report

Weichuang Group Co., Ltd. (hereinafter referred to as "the Company") received a notice of termination of listing from the Shenzhen Stock Exchange on August 23, 2024 (Company Department Letter [2024] No. 207). The Company's stock price was below 1 yuan for twenty consecutive trading days from July 26, 2024, to August 22, 2024, triggering the conditions for termination of listing as per Article 9.2.1 of the Shenzhen Stock Exchange Stock Listing Rules (2024 Revision). The Shenzhen Stock Exchange intends to terminate the Company's stock listing.

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