002731SZSE
🚨 Material Event

First Risk Warning Announcement Regarding Potential Delisting of Company Stock Due to Market Capitalization

ST Cuihua Co., Ltd.··4 pages

✨ AI Summary

This announcement serves as a risk warning regarding the potential delisting of the company's stock due to its market capitalization falling below RMB 500 million for 20 consecutive trading days. The company's stock closed below this threshold on August 4, 2026, and has previously experienced a similar situation. The company is also subject to other risks, including a regulatory investigation and failure to disclose periodic reports.

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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.: 2026-085

First Risk Warning Announcement Regarding Potential Delisting of Company Stock Due to Market Capitalization

The Company and all members of its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Special Reminder:

  1. On August 4, 2026, the closing price of Shenyang Cuihua Gold & Silver Jewelry Co., Ltd. (hereinafter referred to as the "Company") was RMB 1.94 per share, and the total market capitalization was RMB 497 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 reasons.

  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 eliminated or the delisting 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.

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