002502SZSE

Risk Warning Announcement on Possible Termination of Listing Due to Stock Price Below Par Value - Tenth Notice

ST Dinglong Co., Ltd.··4 pages

✨ AI Summary

This announcement serves as the tenth risk warning regarding the potential termination of listing for Dinglong Culture Co., Ltd. due to its stock price falling below the par value of RMB 1. As of July 12, 2024, the stock has closed below RMB 1 for 18 consecutive trading days. The company emphasizes the importance of investor awareness regarding this risk.

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Full Translation

AI Translation· azure_openai

Dinglong Culture Co., Ltd. (Stock Code: 002502, Stock Abbreviation: ST Dinglong)
Announcement No.: 2024-049

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:

  1. According to Article 9.2.4 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if a listed company has a daily closing price below RMB 1 for 10 consecutive trading days, it must disclose a risk warning announcement before the next trading day. This announcement will continue to be disclosed daily until the situation is resolved or the termination of listing occurs (whichever comes first). As of July 12, 2024, Dinglong Culture Co., Ltd. has had a closing price below RMB 1 per share for 18 consecutive trading days, indicating a risk of termination of listing due to the stock price being below par value.
  2. According to Article 9.1.15 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if the company's stock is terminated due to mandatory delisting conditions, it will not enter a delisting adjustment period. Investors are advised to be aware of investment risks.

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