300064SZSE

Announcement on Stock Suspension and Risk of Delisting

Jingang Retreat Co., Ltd.··4 pages

✨ AI Summary

Zhengzhou Huajing Diamond Co., Ltd. warns that its stock may be delisted due to an audit report indicating negative net assets for 2021. The stock has been suspended since May 5, 2022. The company has received prior notice of potential delisting from the Shenzhen Stock Exchange and is currently addressing compliance issues.

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Full Translation

AI Translation· azure_openai

Announcement on Stock Suspension and Risk of Delisting

Zhengzhou Huajing Diamond Co., Ltd.
Securities Code: 300064
Securities Abbreviation: *ST Diamond
Announcement No.: 2022-055

The company and all members of the board of directors (except for Director Guo Liuxi) guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

  1. Zhengzhou Huajing Diamond Co., Ltd. (hereinafter referred to as "the Company") received an audit report for the 2020 financial year that expressed an inability to issue an opinion. The Company's stock has been subject to delisting risk warnings since the market opened on April 28, 2021, and as of now, the issues leading to the inability to issue an opinion have not been resolved. On April 30, 2022, the Company disclosed its "2021 Annual Report" on the Giant Tide Information Network, indicating that the audited net assets attributable to shareholders of the listed company were negative, and the 2021 financial report also received an audit report expressing an inability to issue an opinion. The Company's stock has triggered the delisting clauses under Article 10.3.10 of the "Shenzhen Stock Exchange GEM Listing Rules" (revised in December 2020), and the stock may be delisted.

  2. The Company's stock (Securities Code: 300064, Securities Abbreviation: *ST Diamond) has been suspended from trading since May 5, 2022 (Thursday).

Circumstances Leading to Potential Delisting

The Company’s 2020 financial report received an audit report expressing an inability to issue an opinion. The stock has been subject to delisting risk warnings since April 28, 2021, and the issues leading to the inability to issue an opinion have not been resolved. According to the Company's "2021 Annual Report" and "2021 Audit Report," the net assets attributable to shareholders of the listed company for 2021 were negative. The audit report issued by Zhonghua Certified Public Accountants (Special General Partnership) for the Company’s 2021 financial report expressed an inability to issue an opinion, triggering the delisting clauses under Article 10.3.10 of the Listing Rules.

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