Securities Code: 002776
Securities Abbreviation: *ST Baibolong
Announcement Number: 2023-078
Guangdong Baibolong Co., Ltd. Stock Trading Abnormal Fluctuation Announcement
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder:
- As of December 18, 2023, the closing price of Guangdong Baibolong Co., Ltd. (hereinafter referred to as "the Company") has been below 1 RMB/share for 14 consecutive trading days. According to Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, if the closing price remains below 1 RMB/share for 20 consecutive trading days, the Company's stock will be delisted from the Shenzhen Stock Exchange.
- Due to the Company's audited net assets attributable to shareholders of the listed company being -654,576,295.28 RMB for the year 2022, the trading of the Company's stock has been subject to delisting risk warnings.
I. Introduction to Abnormal Stock Trading Fluctuations
The trading price of Guangdong Baibolong Co., Ltd. stock (Securities Abbreviation: *ST Baibolong; Securities Code: 002776) has deviated significantly, with a cumulative decline of 12.12% over three consecutive trading days (December 14, 2023, December 15, 2023, and December 18, 2023). This situation falls under the category of abnormal stock trading fluctuations according to relevant provisions of the Shenzhen Stock Exchange Listing Rules.