The stock code: 002341
Stock abbreviation: ST Xinlun
Announcement number: 2024-050
Xinlun New Materials Co., Ltd. and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- As of June 20, 2024, the closing price of Xinlun New Materials Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB for 12 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if the closing price of the Company's stock 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, if the Company's stock is terminated from listing due to triggering mandatory delisting conditions, it will not enter a transition period. Investors are advised to be cautious of investment risks.
- 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 on the next trading day and repeated daily until the situation is resolved or a decision to terminate listing is made by the Shenzhen Stock Exchange. Investors are advised to be cautious of investment risks.