002665SZSE

Fourth Risk Warning Announcement Regarding Possible Termination of Listing Due to Stock Price Below Par Value

ST Hanggao Co., Ltd.··3 pages

✨ AI Summary

This announcement serves as a fourth risk warning regarding the potential termination of listing for Shouhang High-Tech Energy Technology Co., Ltd. due to its stock price falling below 1 RMB for 12 consecutive trading days as of June 17, 2024. If the stock price remains below 1 RMB for 20 consecutive trading days, the listing will be terminated. The company has previously issued similar warnings on May 31, June 14, and June 17, 2024.

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Full Translation

AI Translation· azure_openai

Shouhang High-Tech Energy Technology Co., Ltd. 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:

  1. As of June 17, 2024, the closing price of Shouhang High-Tech Energy Technology Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB for 12 consecutive trading days. According to Article 9.2.1 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if the closing price of the Company's stock remains below 1 RMB for 20 consecutive trading days, the Company's stock will be terminated from listing on the Shenzhen Stock Exchange. According to Article 9.1.15 of the same rules, if the Company's stock is terminated from listing due to triggering mandatory delisting conditions, it will not enter the delisting arrangement period.
  2. According to Article 9.2.4 of the "Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)," if a listed company has a closing price below 1 RMB for 10 consecutive trading days, it must disclose a risk warning announcement regarding the potential termination of listing due to the stock price being below par value. This announcement must be made each trading day until the situation is resolved or until the Shenzhen Stock Exchange makes a decision to terminate the listing of the Company's stock. Investors are advised to pay attention to investment risks.

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