002713SZSE

Announcement on the Sixth Risk Warning Regarding the Possible Termination of Company Stock Listing

*ST Dongyi Co., Ltd.··3p

✨ AI Summary

Dongyi Risen Home Decoration Group Co., Ltd. is issuing its sixth risk warning regarding the potential termination of its stock listing. This is due to expected negative net assets and total assets less than 300 million for the 2024 fiscal year, indicating a continued inability to sustain operations. The company is obligated to disclose this delisting risk according to Shenzhen Stock Exchange regulations. Further disclosures will be made on "Securities Times" and "Sina Finance".

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Full Translation

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Special Instructions:

  1. Dongyi Risen Home Decoration Group Co., Ltd. (hereinafter referred to as "the Company") on April 29, 2025, disclosed the announcement regarding the possible termination of the company's stock listing and other risk warnings. If the company's stock is delisted on April 30, 2025, it will be subject to the relevant regulations of the Shenzhen Stock Exchange. If the company fails to meet the requirements for listing, it may face delisting risks.

  2. According to the stock listing regulations, Article 9.3.6 states: "If a company is subject to delisting risk, it must disclose the risk in a timely manner." The company will disclose the risk of possible termination of its stock listing in its annual report.

Reasons for Possible Termination of Company Stock Listing

The company’s net assets for the 2024 fiscal year are expected to be negative, and according to the stock listing regulations, Article 9.3.1, the company must continuously disclose its financial status. The company has reported a continuous decline in profitability, and in 2024, it is expected to show a continued inability to sustain operations.

Specific Information

Financial IndicatorValueApplicable
Net profitNegativeYes
Total assetsLess than 300 millionYes

The financial report may be subject to legal opinions that cannot be expressed or agreed upon by the auditors.

Historical Risk Disclosure Situations

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