Stock Code: 002610
Stock Abbreviation: ST Aikang
Announcement Number: 2024-076
Zhejiang Aikang New Energy Technology Co., Ltd. Risk Warning Announcement on the Termination of Company Stock Listing and Suspension of Trading
Special Reminder:
- As of June 18, 2024, the closing price of Zhejiang Aikang New Energy Technology Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB for 20 consecutive trading days. According to Article 9.2.1 of the Shenzhen Stock Exchange (SZSE) Listing Rules, if a company's stock closing price is below 1 RMB for 20 consecutive trading days, the stock will be terminated from listing on the SZSE. According to Article 9.1.15 of the SZSE Listing Rules, if a company's stock is terminated due to mandatory delisting conditions, it will not enter a delisting adjustment period.
- According to Article 9.2.6 of the SZSE Listing Rules, the company's stock will be suspended from trading starting from the market opening on June 19, 2024 (Wednesday). Investors are advised to invest rationally and pay attention to risks.
I. Reasons for Possible Termination of Company Stock Listing
According to Article 9.2.1, paragraph 1, item (4) of the SZSE Listing Rules, companies that issue only A-shares or only B-shares and have a closing price below 1 RMB for 20 consecutive trading days will have their stocks terminated from listing. As of June 18, 2024, the company's stock has been below 1 RMB for 20 consecutive trading days, indicating a risk of termination of listing due to the stock price being below par value.
II. Arrangements for Stock Suspension, Termination of Listing Decision, Delisting Adjustment Period, and Post-Delisting Arrangements
(A) Suspension Arrangement
According to Article 9.2.6 of the SZSE Listing Rules, if a listed company encounters mandatory delisting conditions, it must disclose this fact before the market opens on the next trading day. Therefore, the company's stock will be suspended from trading starting from June 19, 2024 (Wednesday).