Securities Code: 002503
Securities Abbreviation: *ST SouT
Announcement Number: 2023-083
Convertible Bond Code: 128100
Convertible Bond Abbreviation: SouT Convertible Bond
SouYute Group Co., Ltd. announces that the company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- Types of securities to be delisted:
(1) RMB ordinary shares, abbreviation: *ST SouT, code: 002503;
(2) Convertible bonds, abbreviation: SouT Convertible Bond, code: 128100.
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The company's stocks and convertible bonds will not enter a delisting transition period for trading.
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Investors, securities companies, and other market participants should promptly settle stock pledge repurchase, agreed repurchase, margin financing, transfer, and Shenzhen Stock Connect transactions before the company's stock is delisted.
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For judicial freeze transactions expiring between the stock delisting and the completion of initial registration in the delisting sector, it is recommended that competent authorities handle the renewal procedures in advance through the original enforcement channels before the stock is delisted.
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Given the company's current financial situation, there is a risk of default on the interest payment for the convertible bonds in 2024 (fourth-year interest, coupon rate of 1.5%). Investors are advised to invest rationally and pay attention to risks.
SouYute Group Co., Ltd. (hereinafter referred to as "the Company") received the Shenzhen Stock Exchange's decision on July 21, 2023, regarding the termination of the listing of the company's stocks and convertible bonds (Shenzhen Stock Exchange [2023] No. 634). The Shenzhen Stock Exchange has decided to terminate the listing of the company's stocks and convertible bonds.