300089SZSE

Announcement on the Fifth Risk Warning Regarding the Company's Stock Trading During the Delisting Transition Period

Cultural Retreat Co., Ltd.··4 pages

✨ AI Summary

This announcement serves as a risk warning regarding the company's stock trading during its delisting transition period, which began on June 20, 2023, and will last for 15 trading days. The last trading day is expected to be July 12, 2023. Investors are advised to make cautious decisions and note the trading restrictions and risks involved. The company will not plan or implement major asset restructuring during this period.

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Full Translation

AI Translation· azure_openai

The stock code: 300089

The stock abbreviation: Cultural Delisting

Announcement No.: 2023-183

Guangdong Cultural Great Wall Group Co., Ltd. guarantees that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder

  1. The start date for the company's stock entering the delisting transition period is June 20, 2023, with a transition period of 15 trading days, and the expected last trading date is July 12, 2023.

  2. As of the close on July 6, 2023, the company's stock has traded for 11 trading days, with 4 trading days remaining; the stock will be delisted on the next trading day after the transition period ends. Investors are urged to make cautious decisions and pay attention to investment risks.

  3. During the delisting transition period, the company will not plan or implement major asset restructuring.

  4. Investors, securities companies, and other market participants are advised to settle stock pledge repurchase, agreed repurchase, margin financing, transfer, and Shenzhen Stock Connect businesses before the stock is delisted.

  5. For judicial freeze businesses expiring after the stock is delisted and before the completion of the initial registration in the delisting sector, it is recommended that the competent authorities handle the renewal procedures in advance through the original enforcement channels before the stock is delisted.

  6. During the delisting transition period, the company's stock will trade on the risk warning board; on the first trading day of the transition period, there will be no price fluctuation limit, and thereafter, the price fluctuation limit will be 20% for each trading day.

Guangdong Cultural Great Wall Group Co., Ltd. (referred to as "the Company") received the Shenzhen Stock Exchange's decision on June 12, 2023, regarding the termination of the company's stock listing [Shenzhen Stock Exchange Document No. 488, 2023]. The Shenzhen Stock Exchange decided to terminate the company's stock listing. According to the relevant provisions of the "Shenzhen Stock Exchange Growth Enterprise Market Listing Rules (2023 Revision)," the company's stock entered the delisting transition period for trading starting June 20, 2023. The company hereby provides the following risk warnings regarding stock trading during the delisting transition period:

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