Overview of Delisting Situation
The company disclosed the announcement titled "Announcement on the Implementation of Delisting Risk Warning and Suspension of Trading" (Announcement No. 2021-055) on April 29, 2021. Due to the inability to express an opinion in the audit report for the 2020 financial statements, the company's stock was subject to delisting risk warning starting April 30, 2021, and the stock name was changed from "Julong Co., Ltd." to "*ST Julong." On April 29, 2022, the company disclosed the "2021 Annual Report," which also received an inability to express an opinion audit report from Zhongxinghua Accounting Firm (Special General Partnership). The company's stock triggered the delisting clause under Article 10.3.10(3) of the "Rules for Listing on the Growth Enterprise Market" (revised in December 2020).