Announcement on Receipt of Prior Notice from Shenzhen Stock Exchange Regarding Potential Termination of Stock Listing
Shenzhen Jinkang Co., Ltd. and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
On April 28, 2023, Shenzhen Jinkang Co., Ltd. (hereinafter referred to as "the Company") received a "Prior Notice" (Company Department Letter [2023] No. 157) issued by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). The Company hereby announces the specific content of the "Prior Notice" and the risk warning regarding the potential termination of its stock listing as follows:
Specific Content of the "Prior Notice"
On April 21, 2022, due to the Company's audited net profit for the year 2021 being negative and the operating revenue, after deducting income unrelated to the main business and income lacking commercial substance, being below 100 million yuan, the trading of the Company's stock was subject to delisting risk warning. The first annual report following the delisting risk warning, dated April 28, 2023, shows that the Company's audited net profit for 2022 was -48.4005 million yuan, and the operating revenue was 67.2823 million yuan, triggering the conditions for termination of listing as stipulated in Article 9.3.11, Paragraph 1, Item (1) of the SZSE "Stock Listing Rules (2023 Revision)."