002619SZSE

Notice on the Risk of Termination of Listing of Shares of Aiglas Co., Ltd.

*ST Aige Co., Ltd.··4 pages

✨ AI Summary

Aiglas Co., Ltd. warns investors of the risk of termination of its stock listing due to a closing price below 1 yuan for 17 consecutive trading days. As of March 28, 2022, the stock price was 0.65 yuan. The company has also reported negative net profits and low revenue, which may lead to delisting under SZSE regulations. Investors are advised to remain rational and aware of investment risks.

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Full Translation

AI Translation· azure_openai

Aiglas Co., Ltd. and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder: As of March 28, 2022, the company's stock closing price was 0.65 yuan, and the stock has closed below 1 yuan for 17 consecutive trading days. Calculations indicate that if the stock closes below 1 yuan for twenty consecutive trading days, it will trigger the delisting regulations under the "Shenzhen Stock Exchange Listing Rules (2022 Revision)," leading to termination of the stock's listing. Furthermore, if the stock closes below 1 yuan for twenty consecutive trading days, the company must disclose this fact before the next trading day, and the stock will be suspended after the announcement. Investors are urged to maintain rational investment and be aware of investment risks.

Risk Warning:

  1. Delisting Risk Due to Financial Indicators and Audit Report Type
    On March 16, 2022, the listed company disclosed the "Second Revision Announcement of 2021 Annual Performance Forecast" (Announcement No. 2022-014). After further communication with the annual audit accountant, it was confirmed that: (1) the revised net profit for 2021 remains negative, and revenue is still below 100 million yuan; (2) issues in the 2020 audit report that could not be expressed remain unresolved, and the 2021 financial report will receive a non-standard audit opinion due to issues such as revenue, accounts receivable, equity transfers, external investments, and fund occupation. According to the relevant provisions of the "Shenzhen Stock Exchange Listing Rules (2022 Revision)," if the company meets any of the six conditions specified in Article 9.3.11 for the 2021 fiscal year, the stock will be terminated from listing. Investors are urged to maintain rational investment and be aware of investment risks.

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