002341SZSE

Announcement on the Termination of Stock Listing and Delisting of the Company

ST New Materials Co., Ltd.··3 pages

✨ AI Summary

The Shenzhen Stock Exchange has decided to terminate the listing of ST Xinlun's shares, effective August 23, 2024, due to the stock price being below 1 RMB for twenty consecutive trading days. The company will ensure that its shares can be transferred to the delisting section within 45 trading days post-delisting. A transfer agreement has been signed with Zhongshan Securities for share management services.

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Full Translation

AI Translation· azure_openai

The company 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: The company's stock has been decided to be delisted by the Shenzhen Stock Exchange and will be removed from listing on August 23, 2024. Xinlun New Materials Co., Ltd. (hereinafter referred to as "the Company") received the "Decision on the Termination of Stock Listing of Xinlun New Materials Co., Ltd." (Shenzhen Stock Exchange [2024] No. 652) from the Shenzhen Stock Exchange on August 9, 2024. Given that the company's stock has been decided to be delisted, in accordance with the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)" and the "Implementation Measures for Delisted Companies to Enter the Delisting Section for Transfer," the company must promptly carry out relevant work to ensure that its shares can enter the delisting section managed by the National Equities Exchange and Quotations (NEEQ) for transfer within 45 trading days after delisting. The specific matters are announced as follows:

1. Securities Type, Abbreviation, Code, Termination Decision Date, and Delisting Date

  1. Securities Type: RMB Ordinary Shares

  2. Securities Code: 002341

  3. Securities Abbreviation: ST Xinlun

  4. Termination Decision Date: August 9, 2024

  5. Delisting Date: August 23, 2024

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