002505SZSE

Announcement on the Eleventh Risk Warning Regarding Possible Termination of Company Stock Listing

✨ AI Summary

This announcement serves as a risk warning regarding the potential termination of the company's stock listing due to its stock price being below 1 RMB for 19 consecutive trading days. The company has issued multiple warnings since May 2024. The board is taking measures to improve the company's financial situation and maintain investor confidence.

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Full Translation

AI Translation· azure_openai

鹏都农牧股份有限公司关于公司股票可能被终止上市的第十一次风险提示公告
This company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Important Content Reminder:

  1. According to Article 9.2.4 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if a listed company has a daily closing price below 1 RMB for 10 consecutive trading days, it must disclose a risk warning regarding the potential termination of its stock listing due to the stock price being below par value. This warning must be disclosed daily until the situation is resolved or the Shenzhen Stock Exchange makes a decision to terminate the stock listing.
  2. As of July 1, 2024, the stock of Pengdu Agriculture and Animal Husbandry Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB for 19 consecutive trading days, hence the issuance of this risk warning announcement.

Reasons for Possible Termination of Stock Listing

According to Article 9.2.1, paragraph 1, item (4) of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," companies that issue only A shares or only B shares and have a daily closing price below 1 RMB for 20 consecutive trading days will have their stock listing terminated by the Shenzhen Stock Exchange. As of July 1, 2024, the company's stock closing price has been below 1 RMB for 19 consecutive trading days. Therefore, there is a risk that the stock may be terminated due to the price being below par value.

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