Lingnan Ecological Cultural Tourism Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Special Reminder:
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The Company's stock may be subject to mandatory delisting due to trading-related risks.
As of the closing price on May 26, 2026, the Company's stock was 0.95 RMB per share, which is below 1 RMB. According to Article 9.2.3 (1) of the Shenzhen Stock Exchange Listing Rules, "For listed companies that only issue A-shares on the Shenzhen Stock Exchange, if the stock closes below 1 RMB for the first time, a risk warning announcement regarding the possible termination of listing must be disclosed before the next trading day." Therefore, the Company is required to disclose this risk warning announcement. Investors are advised to invest rationally and pay attention to risks. -
The Company's stock may be subject to mandatory delisting due to financial and regulatory risks.
On April 29, 2026, the Company disclosed the announcement titled "Announcement on the Implementation of Delisting Risk Warning and Continued Implementation of Other Risk Warnings and Stock Suspension" (Announcement No. 2026-047), and the stock has been under delisting risk warning since the market opened on April 30, 2026. If the Company encounters situations specified in Article 9.3.12 of the Shenzhen Stock Exchange Listing Rules, there is a risk of termination of listing. The Company has had major bank accounts frozen, and since April 30, 2025, the stock has been under other risk warnings, which have not yet been resolved. The Company has reported negative net profits for three consecutive years, and the most recent audit report indicates uncertainty regarding the Company's ability to continue as a going concern. The stock trading has been subject to additional risk warnings.
According to Article 9.4.10 of the Shenzhen Stock Exchange Listing Rules, "If a company is subject to delisting risk warning due to the circumstances specified in Article 9.4.1 (6), it must disclose a risk warning announcement regarding the possible termination of listing at least once a month during the delisting risk warning period, and within one month after the end of the accounting year in which the stock trading was subject to delisting risk warning." Therefore, the Company must disclose this risk warning announcement. Investors are urged to invest rationally and pay attention to risks.