002504SZSE

Risk Warning Announcement Regarding Possible Termination of Listing Due to Stock Price Falling Below Par Value

*ST Honggao Co., Ltd.··3 pages

✨ AI Summary

This announcement serves to inform investors that as of June 9, 2023, the stock price of Beijing Honggao Creative Architectural Design Co., Ltd. has been below 1 yuan for 19 consecutive trading days. If the stock price remains below 1 yuan for 20 consecutive trading days, it may face termination of listing on the Shenzhen Stock Exchange. The company has issued multiple warnings regarding this risk.

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Full Translation

AI Translation· azure_openai

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, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. As of June 9, 2023, the closing price of the Company's stock has been below 1 yuan for 19 consecutive trading days. Even if there is a limit-up on the next trading day, the Company's stock will still trigger the provisions of Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, which states that if the closing price is below 1 yuan per share for 20 consecutive trading days, the stock will be terminated from listing on the Shenzhen Stock Exchange.
  2. 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 possible termination of its stock listing before the next trading day opens, and continue to disclose this announcement every trading day until the situation is resolved or the Exchange makes a decision to terminate the listing. Investors are advised to invest rationally and pay attention to risks.

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