300104SZSE

Announcement on the Termination of Company Stock Listing

LeEco Retreat Co., Ltd.··5 pages

✨ AI Summary

The announcement informs that LeEco's stock will be delisted from the Shenzhen Stock Exchange on May 14, 2020, due to negative net assets. The stock will enter a delisting transition period starting June 5, 2020, lasting for 30 trading days. Investors are warned of the risks, as the company will not be eligible for relisting on the Growth Enterprise Market.

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Full Translation

AI Translation· azure_openai

LeEco Network Technology (Beijing) Co., Ltd. announces the termination of its stock listing. The company and its board of directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Important Notice:

  1. Type of stock to be delisted: RMB ordinary shares
  2. Stock abbreviation: LeEco Network
  3. Stock code: 300104
  4. Delisting date: May 14, 2020
  5. The company received the Shenzhen Stock Exchange's decision on the termination of its stock listing on May 14, 2020. From the next trading day after the fifteen trading days following the decision (i.e., June 5, 2020), the company's stock will enter the delisting transition period. If the company files for a review and the appeal review committee of the Shenzhen Stock Exchange upholds the delisting decision, the stock will enter the delisting transition period from the next trading day after the committee's decision. The stock will be delisted the next trading day after the transition period ends.
  6. According to the "Implementation Measures for the Re-listing of Delisted Companies on the Shenzhen Stock Exchange (2018 Revision)," Article 2 states that the Growth Enterprise Market does not accept applications for the re-listing of company stocks. Therefore, once the company's stock is delisted, it cannot be relisted. Investors are advised to be aware of risks and invest rationally.

LeEco Network Technology (Beijing) Co., Ltd. received the decision on the termination of its stock listing from the Shenzhen Stock Exchange on May 14, 2020 (Shenzhen Stock Exchange [2020] No. 405). The decision to terminate the company's stock listing is as follows:

Type of Stock, Abbreviation, and Code for Termination

  1. Type of stock: RMB ordinary shares
  2. Stock abbreviation: LeEco Network
  3. Stock code: 300104

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