Announcement on the Risk of Termination of Listing for Company Stock and Convertible Bonds
Soutu Group Co., Ltd. and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- As of May 17, 2023, the closing price of the company's stock was 0.48 yuan/share, having been below 1 yuan for 17 consecutive trading days. According to Article 9.2.1 and Article 9.1.14 of the Shenzhen Stock Exchange Listing Rules, even if the stock experiences a price increase for three consecutive trading days, it will still trigger delisting indicators due to the closing price being below 1 yuan for 20 consecutive trading days. According to Article 9.1.15 of the Shenzhen Stock Exchange Listing Rules, if the company's stock is subject to mandatory delisting, both the stock and the convertible bonds will not enter the delisting adjustment period.