002450SZSE

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

Kangde Tui Co., Ltd.··3 pages

✨ AI Summary

The announcement informs that the stock of Kangde Xin Composite Material Group Co., Ltd. will be delisted from the Shenzhen Stock Exchange on May 31, 2021, following a 30-day delisting period. This decision is due to the company's financial irregularities and negative net profits from 2015 to 2018. The company will transition to the National Equities Exchange and Quotations system for share transfer after delisting.

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Full Translation

AI Translation· azure_openai

Kangde Xin Composite Material Group Co., Ltd. (hereinafter referred to as "Kangde Xin" or "the Company") 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 major omissions.

Special Reminder:

  1. The company's stock entered the delisting adjustment period on April 14, 2021, and as of May 28, 2021, it has completed 30 trading days. The delisting adjustment period has ended, and the Shenzhen Stock Exchange has decided to terminate the listing of the company's stock, which will be delisted on May 31, 2021.
  2. On April 6, 2021, the company received the Shenzhen Stock Exchange's decision on the termination of the listing of Kangde Xin Composite Material Group Co., Ltd. (Shenzhen Stock Exchange [2021] No. 353).

In light of the decision to terminate the listing of the company's stock by the Shenzhen Stock Exchange, according to the relevant provisions of the "Shenzhen Stock Exchange Listing Rules (Revised November 2018)," the company must promptly carry out related work after the stock is delisted to ensure that the company's shares can enter the National Equities Exchange and Quotations system for transfer within 45 trading days after the delisting adjustment period ends. The relevant situation is as follows:

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