002502SZSE

Announcement on the Eleventh Risk Warning Regarding Possible Termination of Listing Due to Stock Price Falling Below Par Value

ST Dinglong Co., Ltd.··4 pages

✨ AI Summary

This announcement serves as a risk warning that the stock of Dinglong Culture Co., Ltd. has closed below RMB 1 for 19 consecutive trading days, potentially leading to termination of listing. The company is required to disclose this risk under the Shenzhen Stock Exchange rules. Investors are advised to be cautious regarding investment risks.

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Full Translation

AI Translation· azure_openai

Dinglong Culture Co., Ltd. (Stock Code: 002502, Stock Abbreviation: ST Dinglong)
Announcement No.: 2024-051

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 closing stock price below RMB 1 for 10 consecutive trading days, it must disclose a risk warning announcement before the next trading day. This announcement must be repeated daily until the situation is resolved or the termination of listing occurs. As of July 15, 2024, the closing price of Dinglong Culture Co., Ltd. has been below RMB 1 per share for 19 consecutive trading days, indicating a risk of termination of listing due to the stock price falling below par value.
  2. 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, it will not enter a delisting adjustment period. Investors are advised to pay attention to investment risks.

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