Securities Code: 002717 Securities Abbreviation: *ST Lingnan Announcement No.: 2026-062 Second Announcement on Risk Warning of Possible Termination of Company Stock Listing The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there is no false or misleading statement or material omission.
Special Reminder:
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The Company's Stock May Be Subject to Mandatory Delisting Due to Trading Factors As of the closing of June 22, 2026, the stock price of Lingnan Eco-Culture Tourism Co., Ltd. (hereinafter referred to as the "Company") was RMB 0.97 per share. The company's stock closing price is below RMB 1. According to Article 9.2.3 (1) of the "Shenzhen Stock Exchange Stock Listing Rules," for listed companies whose only listed shares are A-shares on the Shenzhen Stock Exchange, if the stock closing price is below RMB 1 for the first time, a risk warning announcement on the possible termination of the company's stock listing shall be disclosed before the opening of the next trading day. The Company is required to disclose this risk warning announcement. Investors are urged to invest rationally and pay attention to risks.
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The Company's Stock May Be Subject to Mandatory Delisting Due to Financial or Regulatory Factors On April 29, 2026, the Company disclosed the "Announcement on the Company's Stock Being Subject to a Delisting Risk Warning and Continuing to Be Subject to Other Risk Warnings and Stock Suspension" (Announcement No.: 2026-047). The Company's stock was subject to a delisting risk warning from the opening of trading on April 30, 2026. If the Company encounters circumstances stipulated in Article 9.3.12 of the "Shenzhen Stock Exchange Stock Listing Rules," its stock is at risk of termination of listing. The Company's main bank accounts have been frozen. The Company's stock has been subject to other risk warnings since April 30, 2025, and this situation has not been resolved, leading to the continued imposition of other risk warnings. For three consecutive years, the net profit after deducting non-recurring gains and losses has been negative, and the audit report for the most recent fiscal year indicates uncertainty about the company's ability to continue as a going concern. The Company's stock was additionally subject to other risk warnings from the opening of trading on April 30, 2026. The Company and related parties have received the "Notice of Prior Administrative Penalty" issued by the Guangdong Securities Regulatory Bureau. According to Article 9.8.1 of the "Shenzhen Stock Exchange Stock Listing Rules," "If a listed company falls under any of the following circumstances, the Exchange shall impose other risk warnings on its stock: (VIII) Based on the facts stated in the Notice of Prior Administrative Penalty issued by the China Securities Regulatory Commission, the company's annual report contains false records of financial indicators, but does not fall under the circumstances of Article 9.5.2 of these Rules. The aforementioned financial indicators include operating revenue, total profit, net profit, and assets or liabilities items in the balance sheet." Since June 3, 2026, the Company's stock has been additionally subject to other risk warnings by the Shenzhen Stock Exchange.