002504SZSE

Announcement on Abnormal Fluctuations in Stock Trading (2023-043)

*ST Honggao Co., Ltd.··3 pages

✨ AI Summary

This announcement addresses the abnormal fluctuations in the stock price of Beijing Honggao Creative Architectural Design Co., Ltd. over three consecutive trading days, with a cumulative decline exceeding 12%. The company confirms no undisclosed significant matters affecting stock trading and plans to apply for pre-restructuring. Investors are warned of potential delisting risks due to negative net assets and ongoing investigations.

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AI Translation· azure_openai

Announcement on Abnormal Fluctuations in Stock Trading

Securities Code: 002504
Securities Abbreviation: *ST Honggao
Announcement Number: 2023-043

Beijing Honggao Creative Architectural Design Co., Ltd. and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

I. Introduction to the Situation of Abnormal Stock Trading Fluctuations

On May 31, June 1, and June 2, 2023, the closing price of the company's stock experienced a cumulative decline exceeding 12% over three consecutive trading days. According to relevant regulations of the Shenzhen Stock Exchange, the company's stock trading is classified as experiencing abnormal fluctuations.

II. Explanation of Attention and Verification

In response to the abnormal fluctuations in the company's stock, the company has conducted an investigation into relevant matters and provides the following explanations:

  1. After inquiring with the controlling shareholder and actual controller, it was confirmed that there are no significant matters that should have been disclosed but were not, nor are there any other significant matters in the planning stage. There were no transactions involving the company's stock during the period of abnormal fluctuations.

  2. The company has not found any recent public media reports that may have significantly impacted the trading price of its stock due to undisclosed significant information.

  3. Beijing Honggao Creative Architectural Design Co., Ltd. is subject to delisting risk warnings due to negative net assets as of the end of the audited fiscal year 2022. If the company meets the relevant provisions of the Shenzhen Stock Exchange Listing Rules (2023 Revision) 9.3.11 in the fiscal year 2023, its stock will be delisted from the Shenzhen Stock Exchange. Investors are advised to pay attention to related risks.

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