Announcement on the Appointment of the Lead Underwriter
1. Explanation of the Appointment of the Lead Underwriter
Zhejiang Aikang New Energy Technology Co., Ltd. (hereinafter referred to as "the Company") has experienced a continuous decline in its stock price, with daily closing prices below 1 yuan for twenty consecutive trading days from May 21, 2024, to June 18, 2024. This situation triggers the delisting conditions as stipulated in Article 9.2.1 of the Shenzhen Stock Exchange's Listing Rules (2024 Revision). On August 1, 2024, the Company received a decision from the Shenzhen Stock Exchange regarding the termination of its stock listing (Shenzhen Stock Exchange [2024] No. 624), which confirmed the delisting of the Company's shares.