002808SZSE

Announcement on Receipt of Advance Notice of Termination of Listing

*ST Hengjiu Co., Ltd.··2p

✨ AI Summary

Suzhou Hengjiu Electric Technology Co., Ltd. received an advance notice of termination of listing from the Shenzhen Stock Exchange due to significant operational difficulties. The company projects a 3 billion yuan loss for 2024 and will have its stock trading suspended from April 25, 2026. Furthermore, the 2025 financial report will be disclosed without legal opinions. This situation triggers provisions for termination of stock listing under Shenzhen Stock Exchange rules, with a final decision pending.

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Full Translation

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Suzhou Hengjiu Electric Technology Co., Ltd. (hereinafter referred to as "the Company") received the advance notice of termination of listing from the Shenzhen Stock Exchange on May 8, 2026, as per the announcement number (2026) No. 234, regarding the termination of the Company's stock listing. The main content is as follows:

"Suzhou Hengjiu Electric Technology Co., Ltd.:

Due to a projected loss of 3 billion yuan for the year 2024, attributed to the company's operational difficulties, the Company’s stock trading will be suspended from April 25, 2026, to mitigate risks.

On April 30, 2026, the Company’s financial report indicated that the 2025 fiscal report would be disclosed without legal opinions from the accounting firm. The Company and its stock are subject to the provisions of the Shenzhen Stock Exchange's listing rules (2026 revision) Section 9.3.2 regarding the termination of stock listing.

This decision will affect the Company's stock trading.

According to the Shenzhen Stock Exchange's listing rules (2026 revision) and the self-regulatory procedures, if the Shenzhen Stock Exchange ultimately decides to terminate the Company's stock listing, the Company will issue another announcement.

The Company emphasizes the importance of major shareholders: the Company designates the information disclosure media as "Securities Times" and the China Securities Network, and all information will be disclosed on these platforms. Shareholders are advised to pay attention to announcements and consider investment risks.

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