Dinglong Culture Co., Ltd. (Stock Code: 002502, Stock Abbreviation: ST Dinglong)
Announcement No.: 2024-048
The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
- 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 regarding the possible termination of its stock listing before the next trading day opens. This announcement must be repeated daily until the situation is resolved or the termination of listing occurs (whichever comes first). As of July 11, 2024, Dinglong Culture Co., Ltd.'s stock has closed below RMB 1 per share for 17 consecutive trading days, indicating a risk of termination of listing due to the stock price falling below par value.
- According to Article 9.1.15 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if a company's stock is terminated due to mandatory delisting conditions, the stock will not enter a delisting adjustment period. Investors are advised to pay attention to investment risks.
I. Reasons for Possible Termination of Listing
According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," companies that only issue A-shares or B-shares and have a closing price below RMB 1 for 20 consecutive trading days will have their stock listing terminated by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE"). As of July 11, 2024, the company's stock closed at RMB 0.74 per share, having been below RMB 1 per share for 17 consecutive trading days, indicating a risk of termination of listing due to the stock price falling below par value.