Shenzhen Hongtao Group Co., Ltd. (hereinafter referred to as "the Company") received an advance notice (Company Department Letter [2024] No. 173) from the Shenzhen Stock Exchange (hereinafter referred to as "the Exchange") on July 2, 2024. The relevant content is announced as follows: "Your company's stock has had a daily closing price below 1 yuan for twenty consecutive trading days from May 31, 2024, to June 28, 2024, which triggers the delisting conditions specified in Article 9.2.1, Paragraph 1, Item 4 of the Exchange's 'Stock Listing Rules (2024 Revision)'. The Exchange intends to decide to terminate the listing of your company's stock. According to the Exchange's 'Stock Listing Rules (2024 Revision)' and the 'Self-Regulatory Su
002325SZSE
Announcement on Receipt of Advance Notice of Delisting
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Shenzhen Hongtao Group Co., Ltd. received an advance notice from the Shenzhen Stock Exchange regarding the potential delisting of its shares due to a continuous closing price below 1 yuan for twenty trading days. The company has the right to request a hearing or submit written statements within specified timeframes. If delisting occurs, the shares will be transferred to the delisting section managed by the National Equities Exchange and Quotations.
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