002610SZSE

Announcement on the Termination of Stock Listing and Delisting

ST Aikang Co., Ltd.··3 pages

✨ AI Summary

Zhejiang Aikang New Energy Technology Co., Ltd. announces that its stock will be delisted from the Shenzhen Stock Exchange on August 12, 2024, following a decision made on August 1, 2024. The termination is due to the stock's closing price being below 1 RMB for twenty consecutive trading days. The company will facilitate the transfer of its shares to the delisting section within 45 trading days post-delisting.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Securities Code and Abbreviation

  • Securities Code: 002610

  • Securities Abbreviation: ST Aikang

Announcement Details

Zhejiang Aikang New Energy Technology Co., Ltd. (hereinafter referred to as "the Company") has been notified by the Shenzhen Stock Exchange that its stock will be terminated from listing and will be delisted on August 12, 2024. The Company received the decision on August 1, 2024, regarding the termination of its stock listing (Shenzhen Stock Exchange [2024] No. 624). The decision was made because the stock's closing price was below 1 RMB for twenty consecutive trading days from May 21, 2024, to June 18, 2024, which falls under the delisting criteria as per Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules (2024 Revision).

According to Article 9.2.7 of the Shenzhen Stock Exchange Listing Rules (2024 Revision) and the opinions of the Listing Review Committee, the Shenzhen Stock Exchange has decided to terminate the Company's stock listing. Furthermore, based on Articles 9.1.15 and 9.6.10 of the Shenzhen Stock Exchange Listing Rules (2024 Revision), the stock will not enter a delisting adjustment period and will be delisted within fifteen trading days following the decision.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.