002717SZSE
🚨 Material Event

Announcement on Risk Warning of Possible Delisting Due to Share Price Below Par Value

*ST Lingnan Co., Ltd.··2 pages

✨ AI Summary

This announcement warns investors that Lingnan Ecology and Culture Tourism Co., Ltd. stock price fell below RMB 1 on August 18, 2026. This triggers a risk of delisting under SZSE rules. This is the first such warning. The company is taking measures to improve operations and avoid delisting.

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Full Translation

AI Translation· gemini_document

Securities Code: 002717

Securities Abbreviation: *ST Lingnan

Announcement Number: 2026-086

Lingnan Ecology and Culture Tourism Co., Ltd.

Announcement on Risk Warning of Possible Delisting Due to Share Price Below Par Value

The Company and the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.

Special Reminder:

The closing price of Lingnan Ecology and Culture Tourism Co., Ltd. (hereinafter referred to as the "Company") stock on August 18, 2026, was RMB 0.99 per share, which is below RMB 1. According to Article 9.2.3 (1) of the "Shenzhen Stock Exchange Stock Listing Rules," "For listed companies whose A-share stocks are exclusively listed on the Shenzhen Stock Exchange, if the stock closing price falls below RMB 1 for the first time, a risk warning announcement that the company's stock may be delisted shall be disclosed before the opening of the next trading day." In accordance with this regulation, the Company is required to disclose a risk warning announcement that its stock may be delisted. We kindly ask investors to invest rationally and be aware of the risks.

I. Reasons Why the Company's Stock Trading May Be Delisted Due to Share Price Below Par Value

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