002341SZSE

Announcement on Receiving the Decision of Stock Termination of Listing

ST New Materials Co., Ltd.··3 pages

✨ AI Summary

Xinlun New Materials Co., Ltd. has received a decision from the Shenzhen Stock Exchange to terminate the listing of its stock due to continuous closing prices below 1 RMB for twenty trading days. The stock will be delisted within fifteen trading days without entering a delisting adjustment period. Investors are advised to settle related transactions before delisting.

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Full Translation

AI Translation· azure_openai

Xinlun New Materials Co., Ltd. (hereinafter referred to as "the Company") guarantees that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. Type of securities to be delisted: RMB ordinary shares; Abbreviation: ST Xinlun; Stock Code: 002341.
  2. According to Article 9.1.15 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," the Company's stock will be terminated from listing by the Shenzhen Stock Exchange after reaching a mandatory delisting situation, and will not enter a delisting adjustment period.
  3. Investors, securities companies, and other market participants are advised to settle stock pledge repurchase, agreed repurchase, margin financing, transfer, and other related businesses before the stock is delisted.
  4. For judicial freeze businesses expiring between the delisting and the completion of the initial registration in the delisting sector, it is recommended that the competent authorities handle the renewal procedures in advance through the original enforcement channels before the stock is delisted.

On August 9, 2024, Xinlun New Materials Co., Ltd. received the "Decision on the Termination of Listing of Xinlun New Materials Co., Ltd. Stock" (Shenzhen Stock Exchange [2024] No. 652) issued by the Shenzhen Stock Exchange, which decided to terminate the listing of the Company's stock. The specific matters are announced as follows:

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