002505SZSE

Risk Warning Announcement on the Termination of Company Stock Listing and Suspension of Trading

✨ AI Summary

The announcement informs that Pengdu Agriculture and Animal Husbandry Co., Ltd. will have its stock suspended from trading starting July 3, 2024, due to a closing price below RMB 1 for 20 consecutive trading days. The company will not enter a delisting transition period. Investors are advised to be cautious and manage risks accordingly.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Pengdu Agriculture and Animal Husbandry 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.

Important Content Reminder:

  1. As of July 2, 2024, the closing price of the Company's stock has been below RMB 1 for 20 consecutive trading days. According to Article 9.2.1, Paragraph 1, Item (4) of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," companies that only issue A-shares or B-shares and have a daily closing price below RMB 1 for 20 consecutive trading days will have their stock delisted from the Shenzhen Stock Exchange. According to Article 9.1.15 of the same rules, if the Company's stock is delisted due to trading-related mandatory delisting circumstances, it will not enter a delisting transition period.
  2. According to Article 9.2.6 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," the Company's stock will be suspended from trading starting July 3, 2024 (Wednesday). Investors are advised to invest rationally and pay attention to risks.

Reasons for Possible Termination of Company Stock Listing

According to Article 9.2.1, Paragraph 1, Item (4) of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," companies that only issue A-shares or B-shares and have a daily closing price below RMB 1 for 20 consecutive trading days will have their stock delisted from the Shenzhen Stock Exchange. On July 2, 2024, the Company's stock closing price was below RMB 1 for 20 consecutive trading days. There is a risk that the stock may be delisted due to its price being below par value.

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