002619SZSE

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

*ST Aige Co., Ltd.··3 pages

✨ AI Summary

Aiglass Co., Ltd. warns investors of the risk of termination of its stock listing due to continuous low closing prices and negative financial performance. As of March 14, 2022, the stock price has been below 1 yuan for seven consecutive trading days, closing at 0.82 yuan. The company also reported negative net profits and revenues below 100 million yuan for 2021, which may lead to delisting.

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Full Translation

AI Translation· azure_openai

Aiglass Co., Ltd. and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Risk Warning:

  1. Delisting Risk Due to Low Stock Price
    According to the relevant provisions of the "Shenzhen Stock Exchange Stock Listing Rules (2022 Revision)," companies that only issue A shares or B shares may have their stocks terminated from listing if the daily closing price is below 1 yuan for twenty consecutive trading days. As of March 14, 2022, the company's stock closed at 0.82 yuan, marking the seventh consecutive trading day below 1 yuan. Investors are advised to maintain rational investment and be aware of investment risks.

  2. Delisting Risk Due to Financial Indicators and Audit Report Type
    On February 15, 2022, the listed company disclosed the "Correction Announcement of 2021 Annual Performance Forecast" (Announcement No.: 2022-005). After communication with the annual audit accountant, it was confirmed that: (1) the corrected net profit for 2021 remains negative, and operating 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 operating revenue, accounts receivable, equity transfer, external investment, and fund occupation. The company will receive non-standard audit opinions for both 2020 and 2021. According to the relevant provisions of the "Shenzhen Stock Exchange Stock Listing Rules (2022 Revision)," if the company meets any of the six conditions specified in Article 9.3.11 for 2021, its stock will be terminated from listing. Investors are advised to be aware of investment risks.

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