002619SZSE

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

*ST Aige Co., Ltd.··4 pages

✨ AI Summary

Aiglass Co., Ltd. warns investors of the risk of termination of its stock listing due to a closing price below 1 yuan for 15 consecutive trading days. As of March 24, 2022, the stock closed at 0.72 yuan. The company has also faced negative net profits and audit opinions, which may lead to delisting under SZSE regulations. Investors are urged to remain rational and aware of investment risks.

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Full Translation

AI Translation· azure_openai

Aiglass Co., Ltd. (the "Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder: As of March 24, 2022, the closing price of the Company's stock was 0.72 yuan, and the stock has closed below 1 yuan for 15 consecutive trading days. It has been calculated that if the stock closes below 1 yuan for 20 consecutive trading days, it will trigger the relevant delisting regulations under the "Shenzhen Stock Exchange Stock Listing Rules (2022 Revision)," and the Company's stock will be terminated from listing and trading on the Shenzhen Stock Exchange. Furthermore, if the stock closes below 1 yuan for 20 consecutive trading days, the Company must disclose this fact before the market opens on the next trading day, and the stock will be suspended after the announcement. Investors are urged to maintain rational investment and pay attention to investment risks.

Risk Warning:

  1. Delisting Risk due to Financial Indicators and Audit Report Types
    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 net profit of the listed company for the 2021 fiscal year, after the second revision, remains negative, and the operating income is still below 100 million yuan; (2) the matters in the 2020 audit report that could not express an opinion remain unresolved, and the 2021 financial report will receive a non-standard audit opinion due to issues such as operating income, accounts receivable, equity transfer, external investment, and fund occupation. The Company will receive non-standard audit opinions for both the 2020 and 2021 fiscal years. 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 the 2021 fiscal year, its stock will be terminated from listing and trading on the Shenzhen Stock Exchange. Investors are urged to maintain rational investment and pay attention to investment risks.

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