Beijing Honggao Creative Architectural Design Co., Ltd. (hereinafter referred to as "the Company") 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 June 1, 2023, the closing price of the Company's stock has been below 1 yuan for thirteen consecutive trading days. According to Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, if the Company's stock closing price remains below 1 yuan per share for twenty consecutive trading days, the stock will be delisted from the Shenzhen Stock Exchange.
- According to Article 9.2.3 of the Shenzhen Stock Exchange Listing Rules, if a listed company has a daily closing price below 1 yuan for ten consecutive trading days, it must disclose a risk warning announcement regarding the potential termination of its stock listing before the next trading day opens, and continue to disclose this warning daily until the situation is resolved or a decision to terminate the listing is made by the Exchange. Investors are advised to invest rationally and pay attention to risks.
I. Reasons for Possible Termination of Listing
According to Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, companies that only issue A shares or only issue B shares will have their stock delisted if the daily closing price remains below 1 yuan per share for twenty consecutive trading days. As of June 1, 2023, the Company's stock has been below 1 yuan per share for thirteen consecutive trading days, indicating a risk of delisting due to the stock price being below par value. Investors are advised to be aware of this risk.