002503SZSE

Announcement on the Risk of Termination of Listing for Company Stock and Convertible Bonds

*ST Sou Te Co., Ltd.··2 pages

✨ AI Summary

This announcement informs investors about the risk of termination of listing for the company's stock and convertible bonds due to the stock price being below 1 yuan for nineteen consecutive trading days as of May 19, 2023. The company has issued multiple risk warning announcements, with the latest being the tenth. Investors are advised to exercise caution and be aware of investment risks.

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Full Translation

AI Translation· azure_openai

Announcement on the Risk of Termination of Listing for Company Stock and Convertible Bonds

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:

  1. As of May 19, 2023, the closing price of the company's stock was 0.44 yuan/share, having been below 1 yuan for nineteen 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 price rises on the next trading day, it will still trigger the delisting indicators due to the closing price being below 1 yuan for twenty 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 due to trading-related circumstances, the company's stock and convertible bonds will not enter the delisting adjustment period.

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