Stock Code: 002341
Stock Abbreviation: ST Xinlun
Announcement Number: 2024-063
Xinlun New Materials Co., Ltd. guarantees that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
- As of July 2, 2024, the closing price of Xinlun New Materials Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB for 20 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if a company's stock closing price is below 1 RMB for 20 consecutive trading days, the stock will be delisted from the Shenzhen Stock Exchange. According to Article 9.1.15 of the same rules, if the stock is delisted due to mandatory delisting circumstances, it will not enter a delisting adjustment period. Investors are advised to pay attention to investment risks.
- According to Article 9.2.6 of the "Shenzhen Stock Exchange Stock Listing Rules," the company's stock will be suspended from trading starting July 3, 2024 (Wednesday). Investors are advised to pay attention to investment risks.
I. Reasons for Possible Termination of Stock Listing
According to Articles 9.2.1 and 9.1.15 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if a listed company that only issues A-shares has a stock closing price below 1 RMB for 20 consecutive trading days, the Shenzhen Stock Exchange will terminate its stock listing. As of July 2, 2024, the company's stock closing price has been below 1 RMB for 20 consecutive trading days, and the stock will be delisted from the Shenzhen Stock Exchange.