002502SZSE

Risk Warning Announcement on the Termination of Company Stock Listing and Suspension of Trading

ST Dinglong Co., Ltd.··5 pages

✨ AI Summary

This announcement informs that the stock of Dinglong Culture Co., Ltd. will be terminated from listing and suspended from trading due to its closing price being below 1 RMB per share for 20 consecutive trading days. The suspension will take effect on July 17, 2024. The company advises investors to be cautious and aware of the risks involved.

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Full Translation

AI Translation· azure_openai

Dinglong Culture Co., Ltd. (Stock Code: 002502, Stock Abbreviation: ST Dinglong)
Announcement No.: 2024-052

This 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. As of July 16, 2024, the closing price of Dinglong Culture Co., Ltd. stock has been below 1 RMB per share for 20 consecutive trading days. 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 will have their stock listing terminated if their closing price is below 1 RMB for 20 consecutive trading days. 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.
  2. According to Article 9.2.6 of the "Shenzhen Stock Exchange Stock Listing Rules," the company's stock will be suspended from trading starting from the market opening on July 17, 2024 (Wednesday). Investors are advised to invest rationally and pay attention to risks.

I. Reasons for Termination of Stock 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 will have their stock listing terminated if their closing price is below 1 RMB for 20 consecutive trading days. As of July 16, 2024, the company's stock has been below 1 RMB per share for 20 consecutive trading days, leading to the termination of its stock listing.

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