LeEco Information Technology (Beijing) Co., Ltd. (hereinafter referred to as "the Company" or "LeEco") received the Shenzhen Stock Exchange's decision on May 14, 2020, regarding the termination of its stock listing (Shenzhen Stock Exchange [2020] No. 405). According to the relevant provisions of the "Shenzhen Stock Exchange Stock Listing Rules (Revised November 2018)," the Company's stock will enter the delisting transition period trading starting June 5, 2020.
300104SZSE
Announcement on the Termination of Company Stock Listing and Entry into Delisting Transition Period Trading
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The announcement informs that LeEco's stock will be delisted and enter a transition trading period starting June 5, 2020, due to negative net assets. The stock has been suspended since May 13, 2019, and the transition period will last for 30 trading days, with the last trading day expected on July 20, 2020. The company commits not to undertake significant asset restructuring during this period.
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