Stock Code: 002717 Stock Abbreviation: *ST Lingnan Announcement No.: 2026-076
Lingnan Eco&Culture-Tourism Co., Ltd.
Third Risk Warning Announcement Regarding Potential Delisting of Company Shares
Special Reminder:
The company's shares may be subject to mandatory delisting due to financial or regulatory reasons.
On April 29, 2026, the company disclosed the "Announcement on the Implementation of Delisting Risk Warning and Continued Implementation of Other Risk Warnings and Suspension of Trading" (Announcement No.: 2026-047). Trading of the company's shares was subject to a delisting risk warning starting from the market opening on April 30, 2026. If the company meets the conditions stipulated in Article 9.3.12 of the "Shenzhen Stock Exchange Listing Rules," there is a risk that the company's shares will be delisted.
Due to the freezing of major bank accounts, the company's shares have been subject to other risk warnings since April 30, 2025. This situation remains unresolved. Furthermore, as the company's net profit (before or after non-recurring gains and losses) has been negative for three consecutive years, and the latest audit report indicates uncertainty regarding the company's ability to continue as a going concern, additional risk warnings were applied starting April 30, 2026.
The company and relevant parties received a "Pre-penalty Notice" from the Guangdong Securities Regulatory Bureau. Pursuant to Article 9.8.1 (8) of the "Shenzhen Stock Exchange Listing Rules," the company's shares were subject to further risk warnings starting June 3, 2026, due to false records in financial indicators disclosed in annual reports as stated in the notice.