002731SZSE
🚨 Material Event

Announcement on First Risk Warning of Potential Delisting Due to Market Capitalization

ST Cuihua Co., Ltd.··3 pages

✨ AI Summary

This announcement serves as the first risk warning regarding Shenyang Cuihua Gold & Silver Jewelry Co., Ltd.'s potential delisting due to its market capitalization falling below RMB 500 million for 20 consecutive trading days, as per Shenzhen Stock Exchange rules. The company's stock closed at RMB 1.91 per share with a total market value of RMB 4.89 billion on July 22, 2026.

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Full Translation

AI Translation· gemini_document

Shenyang Cuihua Gold & Silver Jewelry Co., Ltd.

Stock Code: 002731

Stock Abbreviation: *ST Cuihua

Announcement No.: 2026-079

Announcement on First Risk Warning of Potential Delisting Due to Market Capitalization

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

Special Reminder:

  1. On July 22, 2026, Shenyang Cuihua Gold & Silver Jewelry Co., Ltd. (hereinafter referred to as the "Company")'s stock closed at RMB 1.91 per share, with a total market capitalization of RMB 489 million, marking the first time the closing market capitalization fell below RMB 500 million.

  2. According to Article 9.2.1, Item 6 of the Shenzhen Stock Exchange Stock Listing Rules (hereinafter referred to as the "Listing Rules"): For main board listed companies that only issue A shares, if the total market capitalization of their stocks closes below RMB 500 million for twenty consecutive trading days, the Shenzhen Stock Exchange will terminate their stock trading, which constitutes a mandatory delisting due to trading.

  3. According to Article 9.2.3, Item 3 of the "Listing Rules": If the closing market capitalization falls below RMB 500 million for the first time, the Company shall disclose this risk warning announcement before the opening of the next trading day. According to Article 9.2.4, Item 3 of the "Listing Rules," if the closing market capitalization remains below RMB 500 million for ten consecutive trading days thereafter, the Company will disclose a delisting risk warning announcement each trading day until the situation is resolved or the delisting event occurs (whichever comes first).

  4. According to Article 9.1.15 of the "Listing Rules," stocks delisted due to mandatory delisting for trading reasons will not enter the delisting consolidation period.

I. Reasons for Potential Delisting of Company Stock

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