Important Content Reminder:
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As of May 31, 2022, Tengbang International Commercial Services Group Co., Ltd. (hereinafter referred to as "Tengbang International" or "the Company") has verified and counted the situation of frozen bank accounts. Compared to the last announcement, 8 new bank accounts have been frozen, and 2 frozen bank accounts have been released. As of May 31, 2022, a total of 156 bank accounts have been frozen, with a total frozen account balance of RMB 14,677,229.36. The frozen accounts account for 28.16% of the Company's total accounts, including 16 basic accounts, 114 general accounts, and 26 special accounts. The frozen accounts are mainly used by the headquarters of Tengbang International and Tengbang Tourism Group Co., Ltd. The freezing of these accounts will not affect the business operations of various business entities and does not involve the freezing of the Company's main bank accounts.
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On May 23, 2022, the Company received the Shenzhen Stock Exchange's (hereinafter referred to as "SZSE") "Decision on Terminating the Listing of Tengbang International Commercial Services Group Co., Ltd. Stock" (Shenzhen Stock [2022] No. 498). The SZSE has decided to terminate the listing of the Company's stock. According to the relevant provisions of the "Shenzhen Stock Exchange GEM Stock Listing Rules (Revised December 2020)" (hereinafter referred to as "the Listing Rules"), the Company's stock has entered the delisting arrangement period starting from May 31, 2022, which lasts for fifteen trading days, with the last trading date expected to be June 21, 2022. After the trading period ends, the stock will be delisted. Investors are advised to invest cautiously and pay attention to risks.
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The Company has continuously disclosed the progress of the freezing of bank accounts through announcements published on August 10, December 31, 2019, April 11, May 9, June 6, July 7, August 7, September 5, October 14, November 5, December 4, January 8, February 5, March 5, April 7, May 11, June 3, July 5, August 6, September 5, October 12, November 5, December 7, January 7, February 10, March 4, April 7, May 10, 2022. The details of the progress and risk warning are as follows: