Shenyang Cuihua Gold & Silver Jewelry Co., Ltd.
Stock Code: 002731 Stock Abbreviation: *ST Cuihua Announcement No.: 2026-093
Announcement on Expected Failure to Disclose 2025 Annual Report, Potential Delisting, and Failure to Disclose 2026 Interim Report by Scheduled Date and Statutory Deadline
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
Special Reminder:
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Shenyang Cuihua Gold & Silver Jewelry Co., Ltd. (hereinafter referred to as the "Company") has been subject to a delisting risk warning for failing to disclose its 2025 annual report within the statutory period and still failing to disclose it within two months of its stock suspension. As the 2025 annual report involves important matters such as revenue and inventory that require further verification and supplementary information, and the 2025 audit firm appointed by the Company, Lixin Zhonglian Certified Public Accountants (Special General Partnership), has recently had its business suspended by the Ministry of Finance for six months, the Company needs to change its 2025 audit firm. The change of the annual audit firm requires approval from the Board of Directors and the Shareholders' Meeting. The Company expects to be unable to disclose the 2025 annual report, guaranteed by a majority of directors for its truthfulness, accuracy, and completeness, within two months from the date of being subject to the delisting risk warning (before September 6, 2026). According to Article 9.4.18(1) of the Listing Rules, the Company will fall under the category of standardized delisting circumstances, and the Shenzhen Stock Exchange will decide to terminate its stock listing.
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The Company originally planned to disclose its 2026 interim report on August 22, 2026. Due to the need for further verification and supplementary information regarding important matters such as revenue and inventory in the 2025 annual report, and the change of audit firm, the initial figures for the 2026 interim report cannot be confirmed. Therefore, the Company cannot disclose the 2026 interim report on August 22, 2026, and also expects to be unable to disclose the 2026 interim report within the statutory period (August 31, 2026).
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According to Article 8.3 of the Shenzhen Stock Exchange Stock Listing Rules (hereinafter referred to as the "Listing Rules"), if a listed company fails to disclose its interim report within the statutory period, the Shenzhen Stock Exchange will suspend the trading of its shares and their derivatives on the next trading day after the expiration of the reporting period (August 31, 2026). The suspension period shall not exceed two months. As the Company expects to be unable to disclose its 2026 interim report within the statutory period, the Company's stock (Stock Abbreviation: *ST Cuihua, Stock Code: 002731) is expected to be suspended from trading starting from the opening of trading on September 1, 2026 (Tuesday).
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According to Article 9.2.1(6) of the Listing Rules, if the Company's stock has a total market capitalization below RMB 500 million for twenty consecutive trading days, its stock will be delisted by the Shenzhen Stock Exchange. On August 6, 2026, the Company's stock closed at RMB 1.88 per share, with a total market capitalization of RMB 482 million. This is the first time the market capitalization has fallen below RMB 500 million. The Company's stock is at risk of being delisted due to touching the relevant market capitalization indicators. Investors are kindly advised to make prudent decisions and pay attention to investment risks.