002781SZSE

Notice on Receipt of the Shenzhen Stock Exchange's Advance Notice and Risk Warning Regarding Possible Termination of Stock Listing

Qixin Technology Co., Ltd.··2 pages

✨ AI Summary

Jiangxi Qixin Group Co., Ltd. received an advance notice from the Shenzhen Stock Exchange on May 4, 2023, indicating that its stock may be delisted due to negative net assets. The company's audited net assets for 2022 were reported at -473,005,075.12 yuan. The company has the right to request a hearing or submit written statements within specified timeframes. The stock has been suspended since May 4, 2023.

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Full Translation

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Important Content Reminder

Jiangxi Qixin Group Co., Ltd. (hereinafter referred to as "the Company") received the Shenzhen Stock Exchange's (hereinafter referred to as "SZSE") Advance Notice (Company Department Letter [2023] No. 162) on May 4, 2023. The specific content of the Advance Notice and the risk warning regarding the possible termination of the Company's stock listing are as follows:

1. Specific Content of the Advance Notice

On May 6, 2022, due to the Company's audited net assets being negative at the end of 2021, the trading of the Company's stock was subject to delisting risk warning. The first annual report disclosed after the delisting risk warning, dated April 29, 2023, showed that the audited net assets attributable to shareholders of the listed company for 2022 were -473,005,075.12 yuan, and the Company's 2022 annual financial report received an audit report with no opinion expressed. The Company has triggered the circumstances for termination of listing as stipulated in Article 9.3.11 of the SZSE's "Stock Listing Rules (2023 Revision)." The SZSE intends to decide to terminate the Company's stock listing.

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