002770SZSE

Announcement on the Suspension of Company Stock and Risk of Possible Delisting

Kedi Retreat Co., Ltd.··3 pages

✨ AI Summary

This announcement informs that Henan Kedi Dairy Co., Ltd. has suspended its stock trading due to an inability to express an opinion on its 2021 financial report. The company may face delisting as it has triggered the Shenzhen Stock Exchange's delisting criteria. The stock will be suspended from May 5, 2022, and the company will communicate with investors regarding its operational status and potential recovery.

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Full Translation

AI Translation· azure_openai

The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Securities Code: 0002770
Securities Abbreviation: *ST Kedi
Announcement No.: 2022-036

Special Reminder:

  1. According to Henan Kedi Dairy Co., Ltd. (hereinafter referred to as "the Company"), the opinion type issued by Zhejiang Tianping Accounting Firm (Special General Partnership) for the 2021 annual financial report is unable to express an opinion. The Company has triggered the delisting clause under Article 9.3.11 (3) of the Shenzhen Stock Exchange's (hereinafter referred to as "SZSE") "Stock Listing Rules (2022 Revision)," and the Company's stock may be delisted.
  2. The Company's stock will be suspended from trading starting May 5, 2022 (Thursday).

I. Circumstances Leading to Possible Delisting

The Company's 2020 annual financial report received an audit report from the accounting firm that was unable to express an opinion. According to the relevant provisions of the SZSE "Stock Listing Rules (2020 Revision)," the SZSE has implemented "other risk warnings" and "delisting risk warnings" for the Company's stock since June 24, 2020, and April 30, 2021. The opinion type issued by Zhejiang Tianping Accounting Firm for the 2021 annual financial report is unable to express an opinion, thus the Company has triggered the delisting clause under Article 9.3.11 (3) of the SZSE "Stock Listing Rules (2022 Revision)."

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