Stock Code: 002341
Stock Abbreviation: ST Xinlun
Announcement Number: 2024-055
Xinlun New Materials Co., Ltd. and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
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As of June 25, 2024, the closing price of Xinlun New Materials Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB for 15 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if the closing price remains below 1 RMB for 20 consecutive trading days, the Company's stock will be terminated from listing on the Shenzhen Stock Exchange. According to Article 9.1.15 of the same rules, stocks that are delisted due to trading-related mandatory delisting conditions will not enter a delisting adjustment period. Investors are advised to pay attention to investment risks.
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According to Article 9.2.4 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if a listed company has a closing price below 1 RMB for 10 consecutive trading days, it must disclose a risk warning announcement regarding the potential termination of listing due to the stock price being below par value. This announcement must be made before the next trading day and repeated daily until the situation is resolved or a decision to terminate the listing is made by the Shenzhen Stock Exchange. Investors are advised to pay attention to investment risks.