300156SZSE

Risk Warning Announcement on Stock Suspension and Possible Delisting of Shenwu Environmental Technology Co., Ltd.

Shenwu Retreat Co., Ltd.··2 pages

✨ AI Summary

Shenwu Environmental Technology Co., Ltd. announces that its stock will be suspended from trading starting May 28, 2020, due to a continuous decline in closing prices below par value for 20 trading days. The Shenzhen Stock Exchange may decide on delisting within 15 trading days following the suspension. If delisted, the stock will enter a 30-day transition period, after which it will be removed from the exchange.

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Full Translation

AI Translation· azure_openai

Stock Code: 300156

Stock Abbreviation: Shenwu Environmental

Announcement No.: 2020-063

Shenwu Environmental Technology Co., Ltd. (hereinafter referred to as "the Company", stock abbreviation: Shenwu Environmental, stock code: 300156) and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

Important Notice:

The Company's stock will be suspended from trading starting May 28, 2020 (Thursday). There is a risk that the Company's stock may be delisted. The stock has closed below its par value (1 yuan) for 20 consecutive trading days (from April 24, 2020, to May 27, 2020). According to the relevant provisions of the Shenzhen Stock Exchange's GEM Listing Rules, the stock will be suspended from trading starting May 28, 2020 (Thursday), and there is a risk of delisting.

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